Vegetable and chillies are seen at the vegetable market in Jakarta, Indonesia, June 2, 2017.
REUTERS/Beawiharta Acquire Licensing RightsLONDON, Nov 16 (Reuters Breakingviews) - HelloFresh (HFGG.DE) could be a guinea pig for food delivery buyouts.
That’s mainly because one of its meal-prep sites faced water supply problems, and a slowdown in new customers in the United States.
Assume a buyout group were to pay a 30% premium to the company’s market value, implying an enterprise value of 3.6 billion euros.
For a buyout group, that’s food for thought.
Persons:
Dominik Richter, Karen Kwok, Neil Unmack, Oliver Taslic
Organizations:
REUTERS, Reuters, X, Alstom, Thomson
Locations:
Jakarta, Indonesia, United States, China