Getir Buys German Rival Gorillas

Turkish grocery shopping platform Getir has made an attempt to acquire German rival Gorillas to expand its operations in Europe. According to the information revealed, the representatives of the two companies have already sat down at the table to agree on the price.

Opened to the European and US market last year and a great success While Getir was a small company serving only Istanbul when it was first established in 2015, it is now seen as one of the largest grocery shopping platforms in the world. UK rival after opening to Europe who bought Weezy Getir has taken action to buy Gorillas, its now-eyed rival.

Gorillas, one of the rapidly rising market shopping platforms during the pandemic period, was only serving in Berlin when it was first established. The company, which has grown rapidly due to the conditions created by the pandemic, in a short time like 2 years. In many cities in Germany, the Netherlands, Denmark, France, Spain and the UK started to serve.

Serious talks have already begun

German industry resources and Information provided by Bloomberg According to Getir representatives, they have already made a serious offer to Gorillas, with whom they have been in talks for a while. The representatives allegedly in exchange for some money and shares in the company He made attempts to take his German rival. However, since the negotiations were private, no concrete information was shared about the amount offered and other details.

According to German sources; The founders of Gorillas, including a Turk, are warm to Getir’s offer. If you remember, Fetch also launched its competitor named Weezy earlier this year. by purchasing incorporated all the branches of the company.

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However, Getir and Gorillas officials asked questions about this purchase. left unanswered. It is estimated that one of the two companies will make a statement regarding this acquisition attempt in the coming days.

Source :
https://www.bloomberg.com/news/articles/2022-10-10/delivery-startup-getir-is-said-in-advanced-talks-to-buy-gorillas?leadSource=uverify%20wall


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