Berlin – A YPOG team led by Martin Schaper advised Delivery Hero on the sale of its German logistic business foodpanda (Delivery Hero Germany Logistics GmbH) including riders and office employees to Gorillas. The sale followed Delivery Hero’s decision to scale down its German operations to a Berlin-based hub focused on developing innovative logistics and tech solutions for the delivery industry, and to shift its resources to highly attractive growth opportunities in other markets and new verticals, especially in quick commerce.
A YPOG team led by Martin Schaper had already advised Delivery Hero earlier in 2021 when it acquired an approx. 8% stake in Gorillas in its approx. USD 1 billion Series-C financing round.
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Advisors Delivery Hero:
Dr. Martin Schaper (Lead/Corporate, Transactions), Partner
Pia Meven (Corporate, Transactions), Associate
Dr. Malte Bergmann (Tax), Partner
About Delivery Hero
Delivery Hero is the world's leading local delivery platform, operating in about 50 countries across Asia, Europe, Latin America, the Middle East and North Africa. Starting with a food delivery service in 2011, Delivery Hero is pioneering the Quick Commerce segment - the next generation of e-commerce - and aims to deliver groceries and housewares to customers in under one hour and often in 10 to 15 minutes. Delivery Hero is based in Berlin and became part of the German leading index DAX (Deutscher Aktienindex) in 2020.
About Gorillas
Founded in 2020, Berlin-based Gorillas Technologies GmbH is a delivery service for groceries and other supermarket products, operating in major cities. This includes an online ordering platform, small delivery warehouses in central locations and employed bicycle couriers. As well as all major cities in Germany, Gorillas also offers its 10-minute delivery service in Belgium, Denmark, France, Italy, the Netherlands, Spain and the United Kingdom.
About us
YPOG stands for You + Partners of Gamechangers – forward-thinking legal and tax advice. Supporting companies that are focused on emerging technologies, YPOG embraces change as an opportunity to develop cutting-edge solutions. The YPOG team offers comprehensive expertise in the areas of Funds, Tax, Transactions, Corporate, Banking, Regulatory + Finance, IP/IT/Data Protection, Litigation, and Corporate Crime + Compliance + Investigations. YPOG is one of the leading law firms in Germany for venture capital, private equity, fund structuring, and the implementation of distributed ledger technology (DLT) in financial services. Both the firm and its partners are regularly recognized by renowned national and international publications such as JUVE, Best Lawyers, Chambers and Partners, Leaders League, and Legal 500. YPOG is home to more than 150 experienced attorneys, tax advisors and tax specialists as well as a notary, working across offices in Berlin, Hamburg, Cologne, and Munich.
Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog
