IFLR1000

Delivery Hero $589 million acquisition of Yemeksepeti

5/5/2015
Private acquisition
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$ 589 million

Completed

5/5/2015

Overview:

  • Delivery Hero Holding acquired Yemek Sepeti Elektronik İletişim Tanıtım Pazarlama Gıda Sanayi ve Ticaret for $589 million.
  • Both companies are involved in the online food ordering business.
  • It was the most substantial internet deal ever in Turkey.

Jon Moore - Journalist

Jurisdictions:

Germany
Türkiye

Deal type:

Private acquisition

Practice area:

M&A

Governing laws:

Germany
Turkey
Luxembourg

Industry sectors:

Technology and telecommunications
Food and beverage

Firms:
Balcıoğlu Selçuk Ardıyok Keki Attorney Partnership

Party: Yemek Sepeti Elektronik İletişim Tanıtım Pazarlama Gıda Sanayi ve Ticaret (Target)

Lawyer: Galip Selçuk

GLNS

Party: Delivery Hero (Acquirer)

Hergüner Bilgen Üçer Attorney Partnership

Party: Delivery Hero (Acquirer)

Lawyers: Deniz Tuncel, Ümit Hergüner

Paul Weiss Rifkind Wharton & Garrison

Party: General Atlantic (Shareholder)

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