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Delivery Hero expands business into Czech Republic and Slovakia

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January 2014 – Delivery Hero, the global leader in online and mobile food ordering, today announced the acquisition of Damejidlo and Jidloted in the Czech Republic and Slovakia. Both brands will be kept; the businesses will continue to be run by the existing teams and management.

The transaction is part of Delivery Hero’s strategy of further growth and global expansion. The company’s market leadership in continental Europe will be strengthened by the acquisition.

Niklas Östberg, CEO of Delivery Hero, commented: “We are very impressed with the businesses the teams from Damejidlo and Jidloted have built over the last years. We want to further accelerate their growth by investing heavily into technology, marketing and new and improved services for both customers and restaurants.”

Damejidlo was founded in 2012 and currently offers menus from approx. 1,500 restaurants in the Czech Republic and Slovakia. Jidloted started its business in 2013 and runs a network of 650 restaurants in the Czech Republic.

Lukas Uhl, CEO of Damejidlo: “We are super excited to be part of Delivery Hero. We share the same passion for building a great service.”

Tomas Cupr, Partner at Bizthusiasm: “Big thanks to the team of Damejidlo for their great work and investors at Miton and Enern. We are confident that the business will prosper and continue providing excellent customer service under Delivery Hero’s ownership.”

Aleš Urbánek, CEO of Jidloted: “Being part of the global leader in our business makes us proud and gives us even more energy to develop our service.”

Marc Westermann, Co-founder Jidloted adds: “We had a great time building up Jidloted over the last two years and are extremely happy to partner with Delivery Hero.”

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