Wednesday, November 13, 2024

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Turkish grocery app Getir seeks expansion in Europe, discussing acquisition of German competitor Flink

News
Turkish delivery app Getir is in talks with its German competitor Flink regarding a possible acquisition, as reported by the Financial Times on Monday. This move towards consolidation could have significant implications for the food delivery...

Ferrero expands snack portfolio with acquisition of German snack-bar manufacturing facility

News
Ferrero, the major player in the confectionery industry, has struck a deal with Laurens Spethmann Holding (LSH) to purchase a snack-bar manufacturing facility situated in Germany. In Faulbach, Bavaria, the Medin facility manufactures an assortment of health...

Online food ordering giant Delivery Hero anticipates continued growth acceleration throughout 2023

News
Delivery Hero, the German online food ordering and delivery company, has predicted single-digit percentage growth in gross merchandise value (GMV) for 2023. This forecast...

KoRo secures €75m in Series B funding round, with ABF among new investors

News
Associated British Foods (ABF) has made an investment in KoRo, a German food start-up, as the company's Series B funding round hits €75m ($82.2m). New...

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