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.
Strategic rationale
Consolidation of ultrafast grocery delivery platforms; combined entity valued at $10 billion.
Deal terms & multiples
Sources
- tech.eu /2022/12/09/this-week-in-european-tech-9-december-2022