article thumbnail

Food delivery is seeing more consolidation: GrubMarket snaps up FreshGoGo

TechCrunch: M&A

billion, food delivery and supply chain startup backed by Tiger Global, BlackRock and nearly 100 other investors, has snapped up another food delivery startup on its consolidation march: It is acquiring FreshGoGo, a New York-based, B2C platform selling Asian groceries and ready-made dishes. GrubMarket, the $3.6-billion,

Food 251
article thumbnail

Just Miles from Kroger’s Court Battle, a Food Desert Shows What’s at Stake

The New York Times: Mergers, Acquisitions and Dive

Federal regulators are trying to block Kroger’s merger with Albertsons. In a Portland suburb, residents already know what deteriorating access to fresh food looks like.

Food 132
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Food and Beverage M&A: Fresh and Healthy Appeal, but Save Room for Dessert

Focus Investment Banking

Like the broader market, the food and beverage industry had its challenges in 2024, from inflation impacting consumer spending to interest rates limiting growth and spending. Yet the food and beverage industry is nothing if not resilient and despite the years challenges, there were bright spots including dealmaking.

Food 52
article thumbnail

La Belle Vie acquires Frichti following bankruptcy process

TechCrunch: M&A

French grocery delivery startup La Belle Vie is acquiring Frichti, another food delivery service that was placed under court-ordered receivership. This is yet another chapter in the tumultuous story of quick commerce and food delivery […]

Food 296
article thumbnail

DOJ Hits Venue Services Group With $3.5 Million HSR Gun-Jumping Penalty

JD Supra: Mergers

The US Department of Justice (DOJ) filed a complaint and proposed consent decree alleging that Legends Hospitality Parent Holdings prematurely acquired beneficial ownership – often referred to as “gun jumping” – in connection with its proposed acquisition of ASM Global.

article thumbnail

Zomato buys Paytm’s entertainment ticket business for $244 million

TechCrunch: M&A

Zomato, the Indian food delivery giant, has acquired the entertainment ticketing business of financial services firm Paytm for $244.1 The acquisition, among the largest M&A deals among new-age Indian tech companies, includes Paytm’s ticketing services for movies, sports and events.

article thumbnail

DOJ Offers Encouragement for Organizations Looking Into M&A Deals

JD Supra: Mergers

At a recent Food and Drug Law Institute (FDLI) conference, Arun Rao, Deputy Assistant Attorney General for the US Department of Justice’s (DOJ’s) Consumer Protection Branch (CPB), reiterated DOJ’s “Safe Harbor Policy” with respect to mergers and acquisitions (M&A).

M&A 161