Delivery Hero acquires hungryhouse.co.uk

delivery heroFood take away directory business Delivery Hero has acquired hungryhouse.co.uk. The acquisition was initiated in March 2012, and since then the UK site tripled the size of its business.

Delivery Hero headquarters are in Berlin.. The business is backed by Ru-Net, Kite Ventures, Tengelmann Ventures, Holtzbrinck Ventures, Point Nine Capital and Team Europe. In the first 24 months, we raised more than $100 M

The acquisition was made as a share swap, with hungryhouse founders deciding to stay involved. “We believe there is still a lot of hungryhouse.co.uk Logogrowth potential left in this business, and so we re-invested 98% of the purchase price of our shares into Delivery Hero,” says hungryhouse Co-Founder Tony Charles . “We had always planned to make an exit, but the opportunity to continue the Delivery Hero success story was too much fun to turn down!”

Charles will be taking a leading role over product innovation, an area the company will be heavily focusing on in the year ahead.

Delivery Hero also recently acquired another player in the UK market, EatitNow.co.uk, and from January 24th 2013, hungryhouse took over all their orders.

Germany, Berlin & UK, London

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