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New Deal


Announced

iFood to acquire Domicilios.com from Delivery Hero.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For51%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

Majority

Pending

Acquisition

Colombia

Single Bidder

Friendly

delivery

e-commerce

E-commerce

Synopsis

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iFood, a Brazilian delivery startup, agreed to acquire Domicilios.com, a Columbian delivery service, from Delivery Hero, a European multinational online food-delivery service. Financial terms were not disclosed. The transaction is subject to regulatory approval. iFood will control and own 51% of the new venture, with Delivery Hero owning the remaining 49%. “Recently, we have worked on the expansion of iFood in Brazil and throughout Latin America. Over time, we have increased our presence in Colombia, which is a strategic country for our growth, ” Fabricio Bloisi, iFood CEO.

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