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Announced

Completed

Getir completed the acquisition of FreshDirect from Ahold Delhaize.

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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Cross Border

Private

Completed

Acquisition

Majority

Friendly

Single Bidder

United States

online grocer

online grocery shopping

Food Retailers and Wholesalers

Synopsis

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Getir, an on-demand delivery services provider, completed the acquisition of FreshDirect, an American online grocery company, from Ahold Delhaize, a Dutch-Belgian multinational retail and wholesale holding company. Financial terms were not disclosed. "The acquisition will lead to significant synergies between Getir and FreshDirect and emphasizes Getir's strategic ambitions to grow in the United States. FreshDirect will leverage Getir's technology and operational footprint to offer faster services to its loyal customer base, which will also benefit from easy access to Getir's quick convenience service," Getir.

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