Getir / Gorillas 2022
Getir acquired Gorillas for $1.2B on December 9, 2022.
- Target
- Gorillas
- Acquirer
- Getir
- Deal value
- $1.2B
- Announced
- December 9, 2022
- Sub-sector
- Embedded Finance
Transaction overview
- Getir announced the acquisition of Gorillas on December 9, 2022 for $1.2B.
- The deal is expected to close pending customary conditions.
Strategic rationale
Consolidation of ultrafast grocery delivery platforms; combined entity valued at $10 billion.
Deal terms & multiples
Frequently asked questions
How much did Getir pay for Gorillas?
Getir acquired Gorillas for $1.2B, announced on December 9, 2022.
When did Getir announce the acquisition of Gorillas?
Getir announced the acquisition of Gorillas on December 9, 2022.
What sub-sector is Gorillas in?
Gorillas is tracked in the Embedded Finance sub-sector.
Sources
- tech.eu /2022/12/09/this-week-in-european-tech-9-december-2022