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Announced

Edeka to invest in Picnic.

Financials

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

Sources

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Tags

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Pending

Minority

E-commerce

online supermarket

Netherlands

Acquisition

Private

Cross Border

Single Bidder

Friendly

Synopsis

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Edeka, the largest German supermarket corporation, agreed to invest in Picnic, a Dutch online supermarket. Financial terms were not disclosed. Before the expansion of its stake, Edeka already had 10% of the shares in Picnic and 35% of the shares in the German subsidiary of the web supermarket.

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