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Friday, April 19, 2024

Andersen assists WinDelivery with its sale to Glovo

Andersen's M&A team has counselled on the sale of 100% of the company to Glovo, advised by Uría Menéndez according to market sources

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Andersen Corporate and M&A area has advised WinDelivery on the sale of 100% of the company to Glovo.

The company, which specialises in integrating and optimising food delivery services for medium and large restaurant brands, operates in Spain and Portugal, serving more than 1,000 restaurants in the management of the complete home delivery cycle.

With this transaction, Glovo expands its service in Spain, and WinDelivery, which will continue to operate independently, takes a further step in its internationalisation process.

Javier Bustillo, partner in the M&A practice at Andersen led the team advising on the transaction, in which Teresa García, senior associate, and Jorge Flores, a lawyer in the firm’s Corporate and Mergers & Acquisitions practice, also participated.

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