Just Eat gets clearance to acquire Hungryhouse

Thursday, 16. November 2017 10:31

Competition is limited, as the target entity is much smaller and with "too few unique restaurants," the Competition and Markets Authority of the United Kingdom said on Thursday. In a statement released on Thursday after a lengthy investigation, it gave the green light to Just Eat Plc, a Danish company that moved to London, for the takeover of its largest local competitor Hungryhouse Holdings Ltd.

"The industry is evolving rapidly following the entry of platforms such as Deliveroo, UberEats and Amazon, which also manage or facilitate delivery services on behalf of restaurants. These companies generally present a greater competitive challenge to Just Eat than Hungryhouse, and this is likely to grow as they expand," CMA stated and noted buyers can order online or by phone as well as by going to the facility. The target entity also goes as Hungryhouse.com Ltd.

Related Links: Just Eat Plc
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