Delivery Hero announces strategic partnership with AmRest
Berlin, 1 April 2017 – 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
Delivery Hero is a leading global online food ordering and delivery marketplace serving approximately 17 million active users through its online and mobile platforms across 40+ countries in Europe, the Middle East, Latin America and the Asia-Pacific region. Delivery Hero also offers premium food ordering and delivery in 51 cities across 10 countries. The Company is headquartered in Berlin and has over 5,000 employees.
This press release may contain forward looking statements, estimates, opinions and projections with respect to anticipated future performance of the Company (“forward-looking statements”). These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “believes,” “estimates,” “anticipates,” “expects,” “intends,” “may,” “will” or “should” or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. Forward-looking statements are based on the current views, expectations and assumptions of the management of Delivery Hero and involve significant known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Forward-looking statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Any forward-looking statements only speak as at the date of this press release. We undertake no obligation, and do not expect to publicly update, or publicly revise, any of the information, forward-looking statements or the conclusions contained herein or to reflect new events or circumstances or to correct any inaccuracies which may become apparent subsequent to the date hereof, whether as a result of new information, future events or otherwise. We accept no liability whatsoever in respect of the achievement of such forward-looking statements and assumptions.
Bodo v. Braunmühl, Head of Corporate Communications, Delivery Hero
+49 (30) 544 45 9090