Delivery Hero GmbH enters regional partnership with AmRest Holding SE

Berlin, 2017-Apr-05 — /EPR Retail News/ — Delivery Hero GmbH (“Delivery Hero”), a leading global online food ordering and delivery marketplace, announced today (1 April 2017) that it has entered a regional partnership with AmRest Holding SE (“AmRest”), the largest publicly listed restaurant operator in Central Europe. The partnership considerably strengthens Delivery Hero’s position in the region and the company’s global leadership position in online food ordering and delivery.

Under the agreement, AmRest acquires a 51% stake in Delivery Hero Poland (Restaurant Partner Polska Sp. z o.o., which operates the platform PizzaPortal.pl in Poland) through an investment in newly issued shares, while Delivery Hero’s stake will decrease to 49%. With this partnership, Delivery Hero will get an exclusive opportunity to add a wide variety of AmRest’s popular restaurants and brands across Poland to its food delivery platform. Furthermore, as part of the terms of the partnership, AmRest will bring its brands onto the Delivery Hero platforms DameJidlo.cz and NetPincér.hu in the Czech Republic and Hungary, respectively. The companies also agreed to explore opportunities for further cooperation in other Central and Eastern European countries.

Niklas Östberg, CEO of Delivery Hero, said: “With AmRest we gain a strong and well-established partner to drive forward our business in Poland and across Central and Eastern Europe. This is an ideal opportunity for us to gain an even stronger foothold in this key region as we continue to execute our strategy of achieving market leadership in the markets we operate in. The partnership combines AmRest’s operational excellence, unique brand portfolio and deep knowledge of the markets it operates in with our technology and our expertise to build an amazing online takeaway experience.”

Drew O’Malley, Chief Digital and Operations Officer at AmRest, added: “This exciting partnership is a key component of our AmRest Digital Strategy. Effectively, we are combining AmRest’s restaurant operational muscle and powerhouse brands like KFC and Pizza Hut with the technical know-how and digital operational capability of Delivery Hero’s PizzaPortal.pl with the ultimate goal of becoming the leader in the restaurant home delivery segment in Poland.”

AmRest is the largest independent chain-store/restaurant operator in Central and Eastern Europe with a growing international presence. AmRest holds the franchise rights to the KFC, Pizza Hut, Burger King and Starbucks brands in Poland and operates more than 1,100 restaurants in 13 countries (Poland, Czech Republic, Hungary, Russia, Romania, Serbia, Bulgaria, Croatia, Slovakia, Spain, France, Germany, China).

The transaction is expected to be closed within the next few weeks. The companies have agreed not to disclose the financial details of the transaction.

About Delivery Hero

Delivery Hero is a leading global online food ordering and delivery marketplace serving approximately 17 million active users through its online and mobile platforms across 40+ countries in Europe, the Middle East, Latin America and the Asia-Pacific region. Delivery Hero also offers premium food ordering and delivery in 51 cities across 10 countries. The Company is headquartered in Berlin and has over 5,000 employees.

Disclaimer

This press release may contain forward looking statements, estimates, opinions and projections with respect to anticipated future performance of the Company (“forward-looking statements”). These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “believes,” “estimates,” “anticipates,” “expects,” “intends,” “may,” “will” or “should” or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. Forward-looking statements are based on the current views, expectations and assumptions of the management of Delivery Hero and involve significant known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Forward-looking statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Any forward-looking statements only speak as at the date of this press release. We undertake no obligation, and do not expect to publicly update, or publicly revise, any of the information, forward-looking statements or the conclusions contained herein or to reflect new events or circumstances or to correct any inaccuracies which may become apparent subsequent to the date hereof, whether as a result of new information, future events or otherwise. We accept no liability whatsoever in respect of the achievement of such forward-looking statements and assumptions.

Media Enquiries:

Bodo v. Braunmühl
Head of Corporate Communications, Delivery Hero
+49 (30) 544 45 9090

Source: Delivery Hero

AmRest to become Restaurant Partner Polska’s majority shareholder

Wroclaw, Poland, 2017-Apr-04 — /EPR Retail News/ — April 1st, 2017, AmRest Holdings SE („AmRest”, “the Company”) (WSE: EAT), the largest publicly listed restaurant operator in Central Europe, announces signing on March 31st, 2017 the Investment Agreement (the “IA”) with Delivery Hero GmbH, based in Berlin, Germany (“Delivery Hero”) and Restaurant Partner Polska Sp. z o.o., based in Łódź, Poland („RPP”). As a result of the, IA AmRest will acquire from Delivery Hero the newly issued shares in RPP and become its majority shareholder, holding 51% of total number of RPP shares. The outstanding 49% will remain in the possession of Delivery Hero,

Delivery Hero is the global leader in online food-ordering segment with more than 20 million orders processed monthly. RPP operates PizzaPortal.pl platform in Poland – an aggregator offering meals from 2,500+ different restaurants in ca. 400 cities in Poland. Convenient 3- step ordering process, wide selection of cuisines, online payment and quick delivery are key advantages for the PizzaPortal.pl users.

According to the IA, AmRest also intends to start partnerships within food-ordering marketplace through Delivery Hero’s subsidiaries in Czech Republic and Hungary – DameJidlo.cz and NetPincér.hu. Both platforms are the market leaders in online food ordering industry.

Intention of the parties is to finalize the transaction within next couple of weeks, which is a subject to condition precedents defined in IA.

Online food ordering is one of the fastest growing trends in restaurant industry. The importance and impact of new technologies in consumer foodservice sector is expected to gain ground. Following that trend, investment in Digital and food-ordering marketplace has become one of AmRest’s strategic priorities for the nearest future. The cooperation with Delivery Hero is expected to be advantageous for both parties and – most importantly – aimed at fulfilling the consumers’ expectations. The parties mutually agree that combination of AmRest’s operational excellence and unique brand portfolio with Delivery Hero’s broad expertise in online food ordering segment will significantly elevate customer’s experience. Superior quality of meals, best in class customer service and fast delivery will be the key success factors behind the partnership.

“This exciting partnership is a key component of our AmRest Digital Strategy. Effectively, we are combining AmRest’s restaurant operational muscle and powerhouse brands like KFC and Pizza Hut with the technical know-how and digital operational capability of Delivery Hero’s PizzaPortal.pl to instantly become the leader in the restaurant home delivery segment in Poland. This is the first time, to our knowledge, that a restaurant operator and a delivery aggregator have teamed up anywhere in the world, and the winner is clearly going to be the customer. We anticipate creating bold new ventures in this sector to ensure quality, variety, speed, and value to a level not seen before in the European restaurant delivery business.” – said Drew O’Malley, Chief Digital and Operations Officer at AmRest.

Niklas Östberg, CEO of Delivery Hero, said: “With AmRest we gain a strong and wellestablished partner to drive forward our business in Poland and across Central and Eastern Europe. This is an ideal opportunity for us to gain an even stronger foothold in this key region as we continue to execute our strategy of achieving market leadership in the markets we operate in.”

The transaction also fits within AmRest’s accelerated development of delivery channel, started by roll-out of delivery service in KFC Poland few years ago.

PizzaPortal.pl, DameJidlo.cz and NetPincér.hu platforms are expected to significantly enhance the operation of food delivery segment within AmRest.

The Management Board of AmRest believes that the partnership with Delivery Hero will make the offer of Company’s operated brands more accessible to new customers and substantially increase AmRest’s market share in delivery segment.

Contact:

Dorota Surowiec
IR Manager
+48 71 386 1235
dorota.surowiec@amrest.eu

Source: AmRest