By Jenny Cleeton

Just Eat has announced the sale of its businesses in Benelux (Belgium, the Netherlands, and Luxembourg) to Takeaway.com.

The €22.5m (£19m) sale was announced by the food delivery service today (2 August) with 80 per cent paid on completion and the further 20 per cent to be paid six months after.

The chief executive and founder of Takeaway.com, Jitse Groen, explained that the buy was a step forward as a competitor in the hope to be seen as a sustainable leader in the markets it operates in.

David Buttress, chief of Just Eat, commented that the company was second place in Benelux while Read full story ›

Source: The Drum