Hengeler Mueller advises SSW Partners on acquisition of Delivery Hero businesses in 14 markets

SSW Partners, a New York-based investment firm with a successful background in complex cross-border investments alongside global businesses, entered into a sale and purchase agreement with Delivery Hero SE to acquire Delivery Hero's businesses in a total of 14 markets, particularly where Uber Eats and Delivery Hero overlap, for a consideration of $1.6 bn. Uber Technologies, Inc. has entered into a separate business combination agreement with Delivery Hero, extending the world’s largest mobility and delivery platform to a total of 99 markets, with combined pro-forma gross bookings of $236 billion in 2025.

SSW Partners’ acquisition of Delivery Hero’s businesses is subject to completion of the voluntary takeover offer of Uber to the shareholders of Delivery Hero, as well as other customary conditions.

Hengeler Mueller advises SSW Partners on the German aspects of the transaction and together with Paul, Weiss, Rifkind, Wharton & Garrison.

Hengeler Mueller team for SSW Partners

Corporate/M&A: Lucina Berger (lead, Frankfurt), Thomas Meurer, Tobias Schneiders (both Düsseldorf, all partner), Patrick Hell (Munich), Grigory Bekritsky Bamberg (Düsseldorf, both senior associate) Lukas König (associate, Frankfurt),

IP/IT: Matthias Rothkopf (partner, Düsseldorf),

Employment: Christian Hoefs (partner), Andreas Kaletsch (senior associate, both Frankfurt).