Prime Ventures Invests another EUR 30M in Takeaway.com
Total investment € 43 million, largest investment in the history of Prime Ventures
Prime Ventures announces that it has invested an additional € 30 million in Takeaway.com to acquire the German food delivery website Lieferando.de. Also Macquarie Capital and the founders of Lieferando invested in this round, bringing the total round to € 73 million. With this investment the total amount of capital invested in Takeaway.com by Prime Ventures is € 43 million.
Takeaway.com is one of the world’s largest food delivery websites active in Germany with Lieferservice.de. The company will merge the two brands in Germany to create a leading food delivery portal in Germany. Takeaway.com acquires Lieferando in one of the largest deals ever in the history of food delivery websites globally.
The combination of Lieferando.de and Lieferservice.de offers access to the largest restaurant network in Germany with over 10,000 delivery restaurants. With approximately 600,000 orders per month the combined entity is one of the leading food delivery portals in Germany. It will be the second largest operation run by Takeaway.com, after its highly successful Dutch business Thuisbezorgd.nl. The combination will process around 1.7 million orders on a monthly basis for approximately 27,000 delivery restaurants. With the acquisition Takeaway.com becomes the largest food delivery website in continental Europe. Over 95% of its orders are processed in four markets: Holland, Belgium, Germany and Austria. The acquisition of Lieferando also includes Lieferando’s Polish subsidiary, Pyszne.pl, bringing the total number of markets Takeaway.com is active in to ten. Both Takeaway.com and Lieferando are profitable.
Lieferando’s management team will be given senior positions in Takeaway.com. Lieferando founders Christoph Gerber, Jörg Gerbig and Kai Hansen are thrilled: “We are excited to join a founder-driven like-minded company. By merging two profitable and fast-growing companies we will expand our continental European market leadership to the benefit of customers and restaurants.”
CEO Jitse Groen: “We are excited with the deal. Lieferando is a great company, with arguably the best product in the business. Together with the Lieferando team it is our aim to build the largest food delivery website in Germany and Poland as well as to create the best food delivery website globally.”