Home BG Business Dutch Company Takeaway.com Buys BGMenu for EUR 10.5 Million

Dutch Company Takeaway.com Buys BGMenu for EUR 10.5 Million

BG Business 2018/02/25 at 10:30 AM
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A new major player enters the food delivery sector in Bulgaria. Amsterdam-based Takeaway.com acquires “Hello Hungry”, the company behind the local market leader BGMenu, in a EUR 10.5 million deal.

The Dutch group acquires 100% of the company, pays the cash and invests additional funds in Bulgaria and Romania.

Takeaway.com extends its presence in Eastern Europe after being a leader in Germany, the Netherlands, Poland, Belgium and Austria.

In turn, BGMenu and the Romanian business of “Hello Hungry” – Oliviera, will continue to develop with their current management.

The founders: the current majority shareholder Vladimir Davchev and the executive director Zornitsa Chugreeva will manage the new business of Takeaway.com in the region.

novinite.com

Bulgarian Business Club London

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