Cuatrecasas为Delivery Hero公司提供咨询,促成其以1.7亿欧元的价格将巴尔干地区的业务出售给Glovo公司


Cuatrecasas advised Delivery Hero on the sale of its business in Bosnia and Herzegovina, Bulgaria, Montenegro, Romania and Serbia, as well as some assets in Croatia, to Glovo for €170 million. With this transaction, Delivery Hero continues optimizing its operations and investments in key strategic markets

We expect the transactions involving Bosnia and Herzegovina, Bulgaria, Croatia, Montenegro and Serbia to close in the next few weeks, pending compliance with certain conditions. In the case of Romania, we expect to close in the first quarter of 2022, subject to compliance with the applicable regulatory conditions and approvals.

The Cuatrecasas legal team advising on this transaction was led by Diana Rivera and Kai Christian Fischer, with the participation of Paula Martínez, Miguel Ángel Castaño and Julio Otero.

“Delivery Hero has built a leading business in the Balkans in the last few years. However, given the operational complexity of the business and our current priorities, we believe Glovo is in a better position to continue creating an excellent experience for our users in the region,” remarked Delivery Hero’s CEO and cofounder, Niklas Östberg.