AmRest seals purchase of majority stake in PizzaPortal.pl

AmRest Holdings has completed the purchase of 51% of shares in Restaurant Partner Polska (RPP), the operator of the online food ordering service PizzaPortal.pl, from Berlin-based Delivery Hero. The value of the transaction – finalised on 31 August – was PLN 10m (€2.3m). Delivery Hero retained a 49% stake in RPP.

AmRest and Delivery Hero have also committed themselves to invest a total of PLN 14m (€3.3m) in RPP in Q1 2018. They will contribute PLN 7m (€1.6m) each. AmRest will also enter into collaborations with Delivery Hero’s platforms in the Czech Republic (DameJidlo.cz) and Hungary (NetPincer.hu) in the next few months.

The management board of AmRest believes that the partnership with Delivery Hero will strengthen the company’s position in the delivery segment and allow its brands to reach new groups of customers, the restaurateur said in a statement to the Warsaw Stock Exchange.

Delivery Hero is the global leader in the online food-ordering segment. PizzaPortal.pl offers meals from more than 2,500 restaurants in nearly 400 cities in Poland.