Economy

Parent company Thuisbezorgd.nl wants to raise billions with bonds

The bonds to be issued run until 2025 and 2028 and can be converted into shares at the end of the term, the company announced.

There are no concrete plans for acquisitions yet, but the company wants to be ready by raising the money when interesting strategic opportunities arise.

Recently, Just Eat Takeaway has been making a lot of noise in takeovers. First, the Dutch Takeaway merged with the British Just Eat. Subsequently, the merged company took over the American industry peer Grubhub, which must be completed by the end of 2021.

Growth

The company is doing well because of the lockdown. That saw the number of orders increase by almost half in the third quarter compared to the same period last year. The Netherlands is participating well. In the fourth quarter, for example, we ordered 39 percent more from Thuisbezorgd.

The company was founded in 2000 by the then 21-year-old student from Enschede, Jitse Groen, and went public in 2016.

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