Rocket Internet €496 million acquisition of 30% of Delivery Hero

6/2/2015

Private acquisition

Value:

€ 496 million

Dollar value:

$ 586 million

Status:

Announced

Date:

6/2/2015

Overview:

Rocket Internet secured a 30% stake in Delivery Hero for €496 million.
Berlin start-up Delivery Hero is an online food delivery company now operating in 33 countries.
Rocket Internet is a Frankfurt listed company which invests in internet businesses.

Ben Naylor - Regional Editor

Jurisdiction:

Germany

Deal type:

Private acquisition

Practice area:

M&A

Industry sectors:

Consumer goods and services
Technology and telecommunications
Food and beverage

Firms:

GLNS

Party: Delivery Hero (Seller)

Lawyer: Reinhard Ege

King & Spalding

Party: Delivery Hero (Seller)

Noerr

Party: Rocket Internet AG (Acquirer)

Lawyer: Sascha Leske

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