© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Gleiss Lutz Advises Yemeksepeti-Anteilseigner During Delivery Hero Acquisition
Posted 19th May 2015

Gleiss Lutz Advises Yemeksepeti-Anteilseigner During Delivery Hero Acquisition

Gleiss Lutz Advises Yemeksepeti-Anteilseigner During Delivery Hero Acquisition

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Gleiss Lutz Advises Yemeksepeti-Anteilseigner During Delivery Hero Acquisition

Gleiss Lutz Advises Yemeksepeti-Anteilseigner During Delivery Hero Acquisition

View Biography

Gleiss Lutz

Andreas Spahlinger, Advisor to Gleiss Lutz

Delivery Hero, the global leader in online and mobile food ordering, today announced the acquisition of Yemeksepeti in a transaction valued at US$589 million. This is the largest acquisition ever made in the online food ordering sector. The transaction further extends Delivery Hero’s position as the global market leader, now processing c. 10 million orders monthly which is far more than any other global player.

Yemeksepeti was launched 15 years ago and is today an extremely popular brand in Turkey, processing over 3 million orders each month across its markets. The profitable business is characterized by strong topline growth of c. 60% p.a., a loyal customer base and an innovative product. Yemeksepeti will continue to be run by its experienced team under CEO and Co-Founder Nevzat Aydin who joins Delivery Hero as a senior advisor.

In addition to operating in its domestic market, Yemeksepeti is notably active in the Middle East where its platforms provide food ordering services in the United Arab Emirates, Saudi Arabia, Lebanon, Oman, Qatar and Jordan. The Middle Eastern business of Yemeksepeti supplements the market leading position of Delivery Hero which acquired Talabat.com in March 2015 and the synergies across these markets further enhance the value of this partnership. Simultaneously, Delivery Hero acquires Greek market leader e-Food.gr. e-Food.gr serves more than 300k orders per month across more than 40 cities in Greece.

The acquisition of Yemeksepeti is funded through cash and shares with the former shareholders of the company, including General Atlantic, becoming shareholders in Delivery Hero.

Niklas Östberg, CEO of Delivery Hero, commented: “We have looked at many businesses in our industry around the world but we have rarely seen KPIs as exceptional as those displayed by Yemeksepeti: customer cohorts and reorder rates are among the best in the world and far superior to those shown by our listed peers. It is an extraordinary company, and I can’t express enough of my excitement that they will join the Delivery Hero family. I’m particularly grateful that Nevzat will not only continue to lead Yemeksepeti, but will also strengthen our team with his invaluable expertise and experience. I’m sure that Delivery Hero will profit immensely from Nevzat’s involvement in our global business. Our position as leader in the Middle East, a region with tremendous growth potential, has become even stronger.”
Nevzat Aydin, CEO of Yemeksepeti, commented: “We are very proud to have built a company that has changed the way people think and order food in Turkey. During our 15 year history we have had many approaches from global and local investors however we were waiting for the right time and the right partner. Today, I am delighted to team up with a company whose global ambitions, corporate culture and way of doing business are so aligned with ours. We are very excited to leverage our 15 years of know-how and innovative business approach to new regions with Delivery Hero. “

Categories: M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Heart of Gold
Strategy
16/09/2020Heart of Gold

Gold is always in demand. It’s one of the world’s most sought-after materials, offering a wealth of different opportunities for use. The team at Kirkland Lake Gold are committed to producing the best quality product, alongside with generating superior valu

Read Full PostRead - Eye Icon
Citation Acquires QMS International
M&A
02/07/2015Citation Acquires QMS International

Citation Acquires QMS International

Read Full PostRead - Eye Icon
How Corporate Social Responsibility Can Prevent Workplace Accidents: A Legal Perspective
News
30/08/2024How Corporate Social Responsibility Can Prevent Workplace Accidents: A Legal Perspective

Corporate social responsibility (CSR) is fundamental to a company’s long-term relationship with its employees, the communities it operates in, and the protection of the environment. The role of CSR in preventing workplace accidents is increasingly being

Read Full PostRead - Eye Icon
Strong Values Which Breed Success
Leadership
30/08/2019Strong Values Which Breed Success

SMTD Law LLP is a construction boutique law firm representing clients ranging from Fortune 100 companies to small businesses. Recently, Marilyn Kilnger found success in AI’s Leading Adviser 2019 where she was selected as the Leading Construction Disputes Law

Read Full PostRead - Eye Icon
Resolving Disputes Through Arbitration
Strategy
16/05/2016Resolving Disputes Through Arbitration

More than ever before, companies across the financial landscape are realising the benefits of alternative dispute resolution.

Read Full PostRead - Eye Icon
GDPR: The Five Most Risky Legal Misconceptions
Legal
04/05/2018GDPR: The Five Most Risky Legal Misconceptions

Despite being one of the most widely debated regulatory changes to have hit organisations in recent years, only 7% of companies are “fully prepared” for the impending implementation of GDPR, and a massive 60% are in real danger of missing the deadline for

Read Full PostRead - Eye Icon
What Type of Compensation Can You Seek After a Car Accident?
Legal
20/06/2023What Type of Compensation Can You Seek After a Car Accident?

If you are injured in a car accident, you could claim compensation. Here are the different types of compensation that you may be able to seek.

Read Full PostRead - Eye Icon
Intertek Acquires MT Group
M&A
27/10/2015Intertek Acquires MT Group

Intertek gains new geotechnical and materials services and expands US Building sector with footprint into the New York Metro area.

Read Full PostRead - Eye Icon
Most Innovative Medical Device Manufacturer 2024 – Southern California, MedTech CEO of the Year 2024 (California): Perry Brunette
Innovation
28/05/2024Most Innovative Medical Device Manufacturer 2024 – Southern California, MedTech CEO of the Year 2024 (California): Perry Brunette

In the healthcare sector, Artificial Intelligence (AI) continues to prove itself a true gamechanger, whether used to organise patient data or in the form of robots to assist in surgery



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow