Takeaway acquires Just Eat
Takeaway has finally acquired Just Eat. For months, the Dutch company had been trying to take over its competitor. But Naspers was also trying to acquire Just Eat. Now, the stakeholders have accepted the offer from Takeaway.
At the end of last year, Takeaway already raised its offer, in an ultimate attempt to beat Prosus, the international dealmaking unit from Naspers. Now, the Dutch company has its way. The enlarged company will become one of the largest players in the global takeaway food delivery market.
Takeaway’s dominance in Europe
Within Europe, Just Eat is active in The United Kingdom, Ireland, France, Spain, Italy, Switzerland, Denmark and Norway. Outside of Europe, it runs Skip the Dishes in Canada, iFood in Brazil and Mexico and Menulog in Australia.
Takeaway on the other hand, holds a leading position in the Netherlands, Germany, Belgium, Austria, Poland, Bulgaria and Israel, and is also present in Switzerland, Luxembourg, Portugal and Romania.
The enlarged company will be very present in Europe, but globally it will still has some serious competition from players such as Prosus (which backed iFood in Brail and Swiggy in India), Uber Eats, DoorDash and Deliveroo.
‘Just Eat Takeaway.com is dream combination’
“Just Eat Takeaway.com is a dream combination and I am very much looking forward to leading the company for many years to come”, Takeaway’s founder and CEO Jitse Groen said about the latest deal.