Delivery Hero SE
Delivery Hero announces strategic partnership with AmRest
Delivery Hero GmbH (“Delivery Hero”), a leading global online food ordering and delivery marketplace, announced today that it has entered a regional partnership with AmRest Holding SE (“AmRest”), the largest publicly listed restaurant operator in Central Europe. The partnership considerably strengthens Delivery Hero’s position in the region and the company’s global leadership position in online food ordering and delivery. Under the agreement, AmRest acquires a 51% stake in Delivery Hero Poland (Restaurant Partner Polska Sp. z o.o., which operates the platform PizzaPortal.pl in Poland) through an investment in newly issued shares, while Delivery Hero’s stake will decrease to 49%. With this partnership, Delivery Hero will get an exclusive opportunity to add a wide variety of AmRest’s popular restaurants and brands across Poland to its food delivery platform. Furthermore, as part of the terms of the partnership, AmRest will bring its brands onto the Delivery Hero platforms DameJidlo.cz and NetPincér.hu in the Czech Republic and Hungary, respectively. The companies also agreed to explore opportunities for further cooperation in other Central and Eastern European countries. Niklas Östberg, CEO of Delivery Hero, said: “With AmRest we gain a strong and well-established partner to drive forward our business in Poland and across Central and Eastern Europe. This is an ideal opportunity for us to gain an even stronger foothold in this key region as we continue to execute our strategy of achieving market leadership in the markets we operate in. The partnership combines AmRest’s operational excellence, unique brand portfolio and deep knowledge of the markets it operates in with our technology and our expertise to build an amazing online takeaway experience.” Drew O’Malley, Chief Digital and Operations Officer at AmRest, added: “This exciting partnership is a key component of our AmRest Digital Strategy. Effectively, we are combining AmRest’s restaurant operational muscle and powerhouse brands like KFC and Pizza Hut with the technical know-how and digital operational capability of Delivery Hero’s PizzaPortal.pl with the ultimate goal of becoming the leader in the restaurant home delivery segment in Poland.” AmRest is the largest independent chain-store/restaurant operator in Central and Eastern Europe with a growing international presence. AmRest holds the franchise rights to the KFC, Pizza Hut, Burger King and Starbucks brands in Poland and operates more than 1,100 restaurants in 13 countries (Poland, Czech Republic, Hungary, Russia, Romania, Serbia, Bulgaria, Croatia, Slovakia, Spain, France, Germany, China). The transaction is expected to be closed within the next few weeks. The companies have agreed not to disclose the financial details of the transaction. About Delivery Hero End of Media Release Issuer: Delivery Hero Holding GmbH Key word(s): Enterprise
01.04.2017 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG. |