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Announced

X5 Retail Group to acquire Mnogo Lososya.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

dark kitchen

Majority

Restaurants and Bars

Friendly

Domestic

Pending

Russian Federation

Single Bidder

Synopsis

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X5 Retail Group, a Russian food retailer, agreed to acquire Mnogo Lososya, a dark kitchen company. Financial terms were not disclosed. "Capitalising on X5's investments, infrastructure and expertise, we are one step closer to our dream, which is to offer fast delivery of high-quality and diverse food to as many people as possible, thus maximising the time they can spend on socialising and pastimes. To this end, we plan to build more kitchens, launch new brands and strive for higher speed and quality of our product offering," Alexander Mutovin, Mnogo Lososya Co-Founder.

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