M&A Deal Summary

Getir Acquires FreshDirect

On November 8, 2023, Getir acquired internet software and services company FreshDirect from Koninklijke Ahold Delhaize

Acquisition Highlights
  • This is Getir’s 2nd transaction in the Internet Software and Services sector.
  • This is Getir’s 1st transaction in the United States.
  • This is Getir’s 1st transaction in New York.

M&A Deal Summary

Date 2023-11-08
Target FreshDirect
Sector Internet Software and Services
Buyer(s) Getir
Sellers(s) Koninklijke Ahold Delhaize
Deal Type Divestiture

Target

FreshDirect

Long Island City, New York, United States
FreshDirect is an online grocer, that delivers fresh/quality foods to residences and offices in the New York City and Philadelphia Metropolitan Areas. FreshDirect was founded in 1999 and is based in Long Island City.

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Buyer(S) 1

Buyer

Getir

Istanbul, Turkey

Category Company
Founded 2015
Sector Internet Software and Services
DESCRIPTION

Getir is a technology company that joins the worlds of mobile technology and logistics, providing unprecedented solutions to the delivery of goods in urban areas. Getir was formed in 2015 and is based in Istanbul, Turkey.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-10 Gorillas

Berlin, Germany

Gorillas is a grocery shopping company with an emphasis on high-quality, locally sourced products, offering includes a wide selection of fresh fruits, dairy, vegan products & cooled drinks, plus unique selections from our local community partners.

Buy -

Seller(S) 1

SELLER

Koninklijke Ahold Delhaize

Zaandam, Netherlands

Category Company
Founded 1867
Sector Retail
Employees390,000
Revenue 89.4B EUR (2024)
DESCRIPTION

Koninklijke Ahold Delhaize is an international retailing group. Ahold is built on a solid foundation, with strong and trusted local consumer brands, millions of loyal customers, leadership in our markets and proud associates. Operating supermarkets and selling great food has been our core business for over 125 years. Koninklijke Ahold Delhaize was founded in 1887 and is based in Zaandam, Netherlands.


DEAL STATS #
Overall 6 of 6
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 5 of 5
State: New York M&A 2 of 2
Country: United States M&A 4 of 4
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-30 Profi

Timisoara, Romania

Profi is a supermarket chain in Romania, operating 65 stores in 47 Romanian cities. Profi is the modern retail network with the largest geographical expansion in Romania. Profi was founded in 2000 and is based in Timisoara, Romania.

Buy €1.3B