A PYMNTS Company

Spain: CNMC approves Just Eat’s purchase of Nevera Roja

 |  April 5, 2016

Internet-based home dining service Just Eat has received approval from Spanish competition regulator CNMC for its proposed purchase of local rival La Nevera Roja, part of Rocket Internet.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    As announced in February, the Just Eat Group has gone on a buying spree, acquiring Rocket Internet’s food delivery operations in Italy, Mexico and Brazil. The company hopes the purchase of Nevera Roja will close in the next few days. Just Eat now has over 5,000 restaurants in its network, covering the entire country.

    Just Eat’s spokesman, David Buttress, has said that “this acquisition, along with the purchases in Italy, Mexico and Brazil, solidifies our leadership in several geographical regions where the online food delivery industry is growing rapidly.”

    Full content: Expansión

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.