RetailDetail EU
Europe - EN
  • België - NL
  • Belgique - FR
  • Nederland - NL
  • Europe - EN
  • About us
  • Contact
  • Subscribe
  • Sign in user
  • News
    • Food
    • Fashion
    • Home
    • Electronics
    • Beauty/Care
    • DIY/Garden
    • Leisure
    • General
  • RetailDetail Plus
  • Events
  • Hunts
  • RetailHub
  • Advertising & Partnerships
    • EVENT PARTNERSHIPS
    • PRINT ADVERTISING
    • ONLINE ADVERTISING
RetailDetail EU
Europe - EN
  • België - NL
  • Belgique - FR
  • Nederland - NL
  • Europe - EN
  • About us
  • Contact
  • Sign in user
  • News
    • Food
    • Fashion
    • Home
    • Electronics
    • Beauty/Care
    • DIY/Garden
    • Leisure
    • General
  • RetailDetail Plus
  • Events
  • Hunts
  • RetailHub
  • Advertising & Partnerships
    • EVENT PARTNERSHIPS
    • PRINT ADVERTISING
    • ONLINE ADVERTISING
thumb
Written by Pauline Neerman
In this article
  • Tags meal deliveriesquick commerce
  • Companies Delivery HeroGetirGorillas
  • Topics Acquisition
  • Geography Germany
Share article
  • facebook
  • instagram
  • twitter
  • linkedin
  • email

Getir acquires Gorillas… or does it?

icon
Food2 December, 2022

This may be D-day for German quick commerce company Gorillas, as it prepares to sign an acquisition deal with Turkish Getir. However, it has just emerged that Gorillas might have a back-up plan available.

European expansion

Getir’s acquisition of its German counterpart Gorillas could be finalised later today, Business Insider reports. The Berlin-based start-up has entered some rough waters of late, and a recent capital raising round failed. As investors did not put up with the mounting losses any more, Gorillas has had to slim down: it quit Belgium and several other markets last June.

Getir, on the other hand, is on the rise and is growing quickly – in part thanks to a new partnership with Just Eat Takeaway in Europe. Still, even Getir’s market value is said to have plummeted from twelve to six billion euros. (By comparison: Gorillas fared even worse, dropping from three billion to under one billion).

Plan B

While everything is being prepared for the acquisition, Gorillas may still have a trump card in its sleeves: another candidate for a merger may be waiting in the background: delivery platform Delivery Hero. The German platform used to be a direct competitor to Gorillas, but then became an important investor in the Berlin-based company – currently owning almost a tenth of shares in the company.

The minority shareholder now appears to have put in a bid as well, backed by G Squared. Should the deal with Getir still collapse, the flash delivery company will still have an alternative at hand – even if the chances are very slim.

Stay up-to-date

Receive our free newsletters and do not miss out on the latest retail news.

Subscribe
logo
  • meal deliveries,
  • quick commerce

This may be D-day for German quick commerce company Gorillas, as it prepares to sign an acquisition deal with Turkish Getir However, it has just emerged that Gorillas might have a back-up plan available.

More on Food
See more
  • icon
    Food29 September, 2023
    Ahold Delhaize joins forces with Rewe and E.Leclerc

    Dutch retail group Ahold Delhaize is joining Eurelec, the purchasing alliance founded by Rewe and E.Leclerc. From 2025, the three European retail giants will start buying together to tackle European price differences.

  • icon
    Food28 September, 2023
    Colruyt returns to growth

    Belgian supermarket chain Colruyt is finally back to its pre-pandemic market share levels, while profits will more than double. The retailer does warn for an upcoming price war.

  • icon
    Food27 September, 2023
    Jumbo seeks buying power in alliance with Edeka

    Jumbo needs international buying power to offer customers lower prices. The chain would therefore join Everest, the buying combination set up by German market leader Edeka.

Events
  • 19
    Oct
    Category Management Congress
  • 23
    Nov
    RetailDetail Night
Most read
  • icon
    Fashion13 September, 2023
    Inditex achieves record margins in inflationary times
  • icon
    Fashion19 September, 2023
    H&M ends free returns
  • icon
    Food8 September, 2023
    Carrefour exposes “shrinkflation” in stores
  • icon
    Fashion15 September, 2023
    H&M Group flatlines this summer
Follow RetailDetail
  • socialFacebook
  • socialTwitter
  • socialInstagram
  • sociallinkedIn
footer-logo
RetailDetail, the leading b2b-retailcommunity in the Benelux, keeps retail professionals up-to-date by means of online & offline publications, retail events, inspiring retail hunts and the unique co-creation platform retailhub, where retailers and their suppliers can experience the future of shopping.
RetailDetail Mailing Address:
Kolveniersstraat 7, bus 26 
2000 Antwerp
Visiting address:
Stadsfeestzaal – Meir 78 
2000 Antwerp
How to reach us:
Directions
© 2023 RetailDetail
general conditions | privacy policy
+32 3 500 89 59 info@retaildetail.be
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies.
Accept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT