Global Industry: Delivery Hero to Expand Operations

Bremerhaven. (bm) Germany’s Delivery Hero Holding S.E. signed agreements with shareholders of South Korea’s Woowa Brothers Corporation. The Transaction reinforces Delivery Hero’s commitment to expand into fast-growing Asia and solidifies its position as the largest global food delivery platform, outside of China by number of orders. The Transaction is valued at an enterprise value of 3,6 billion Euro on a cash and debt free basis, before certain adjustments. Other topics of the week:

• General Mills: Reports Q2 Fiscal 2020 Results [US] Fri 12-20
• Hershey: Michele Buck Announces Changes to Executive Team [US] Fri 12-20
• Unilever: expects results slightly below guidance [NL] Thu 12-19
• Mondelēz: Appoints Chief Transformation Officer [US] Thu 12-19
• IFF to Merge with DuPont’s Nutrition + Biosciences [US] Wed 12-18
• Sigep 2020: the Red Carpet of Artisan Confectionary [IT] Wed 12-18
• Dunkin’ Brands: Names President Dunkin’ Americas [US] Wed 12-18
• Organic Food: Eating with a Conscience in Europe [DE] Tue 12-17
• China: The People’s Republic in C-Store Fever [CN] Tue 12-17
• Delivery Hero: to Expand Asian Operations [DE] Mon 12-16
• Technomic: shares five global restaurant trends [US] Mon 12-16
• Southeastern Mills: Acquires JMH Premium [US] Sat 12-14
• The Meatless Farm Appoints Jesper Højer as Chair [US] Sat 12-14