Hello Fresh Frankfurt Stock Exchange IPO

2/11/2017
IPO

Completed

2/11/2017


Overview:

  • Hello Fresh has undertaken its IPO on the Frankfurt Stock Exchange.
  • Hello Fresh is owned by investors Rocket Internet, Baillie Gifford, Insight Ventures, Phenomenon Ventures, and Qatar Investment Authority.
  • The company's owners will raise an eventual €318 million (after the greenshoe option is exercised in full) taking Hello Fresh public.
  • The online meal delivery business aborted a previous IPO attempt in 2015 due to poor market conditions. 
  • Berenberg, BNP Paribas, Deutsche Bank, JP Morgan, and Morgan Stanley underwrote the deal. 

Katrin Kostadinova - Data analyst 

Jurisdiction:

Germany

Deal type:

IPO

Practice area:

Capital markets : Equity

Governing law:

Germany

Industry sectors:

Technology and telecommunications
Food and beverage


Firms:

Party: Baillie Gifford Japan Trust (Shareholder)


Party: Phenomen Ventures (Shareholder)

Lawyer: Ivo Posluschny


Party: Berenberg (Underwriter)

Party: BNP Paribas (Underwriter)


Party: Hello Fresh (Issuer)


Party: Qatar Investment Authority (QIA) (Shareholder)


Party: Hello Fresh (Issuer)


Party: Insight Ventures (Shareholder)