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Announced

Completed

Getir completed the acquisition of Gorillas for $1.2bn.

Financials

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Transaction Value£978m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Single Bidder

Friendly

Cross Border

E-commerce

delivery startup

Germany

Private

Majority

Completed

Acquisition

Synopsis

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Getir, a grocery delivery firm, completed the acquisition of Gorillas, a grocery delivery services company, for $1.2bn. “Markets go up and down, but consumers love our service and convenience is here to stay. The super fast grocery delivery industry will steadily grow for many years to come and Getir will lead this category it created 7 years ago,” Nazim Salur, Getir founder.

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