Contacts

Dr. Norman Röchert, LL.M. (Cape Town)

Partner

Read More

Dr. Jens Wolf

Partner

Read More

Philipp Hoegl

Senior Associate

Read More

Felix Paul, LL.M.

Knowledge Lawyer

Read More

Stephan Manuel Nagel, LL.M. (EUI)

Partner

Read More

Nicolas De Witt

Partner

Read More

Grâce M’Vunda

Associate

Read More

Christophe Flaicher

Partner

Read More

Gwendal Chatain

Counsel

Read More

Markus Asshoff

Partner

Read More

Mounira Freih

Counsel

Read More
Contacts

Dr. Norman Röchert, LL.M. (Cape Town)

Partner

Read More

Dr. Jens Wolf

Partner

Read More

Philipp Hoegl

Senior Associate

Read More

Felix Paul, LL.M.

Knowledge Lawyer

Read More

Stephan Manuel Nagel, LL.M. (EUI)

Partner

Read More

Nicolas De Witt

Partner

Read More

Grâce M’Vunda

Associate

Read More

Christophe Flaicher

Partner

Read More

Gwendal Chatain

Counsel

Read More

Markus Asshoff

Partner

Read More

Mounira Freih

Counsel

Read More

19 May 2022

Taylor Wessing advises Flink on acquisition of Cajoo and entry of Carrefour as shareholder in Flink

Flink SE takes over the French competitor Cajoo and with it the number one position in the French market for on-demand delivery services for groceries. The French supermarket giant Carrefour has played a major role in this development, joining Flink as a new shareholder and investor. An international Taylor Wessing team led by Berlin-based VC expert Norman Röchert advised Flink on the acquisition of Cajoo as well as on Carrefour's entry as shareholder and investor. The parties involved have agreed not to disclose the investments of Carrefour and the volume of the takeover of Cajoo by Flink.

On Flink's side, the transaction was advised by the in-house team led by Dr. Norman Koschmieder, who joined Flink in July 2021 and has since headed Flink's legal department, which now consists of twelve employees.

Cajoo will no longer operate under its own brand. Flink is thus also taking over the Cajoo infrastructure, which has 30 hubs in nine cities including Paris. In addition, 400,000 Cajoo customers will be transferred to the Flink app by the end of the year. The exclusive partnership with the supermarket giant Carrefour, which aims to offer a comprehensive range of goods at competitive prices, should ensure that they continue to use the service. The Berlin-based company already has similar partnerships for goods purchasing and logistics planning with REWE in Germany.

Flink is currently active in 90 cities in Germany, France, the Netherlands and Austria. Supermarket chain Carrefour operates 13,000 shops in 40 countries and generated gross sales of €81.2 billion in 2021.

Taylor Wessing has been advising Flink since its inception in December 2020, most recently in a Series B financing round for US$750 million (approximately €670 million) of investment capital. The company thus advanced to multiple unicorn status after less than seven months of operations.

Legal advisors Flink SE

Taylor Wessing Germany: Dr. Norman Röchert (Partner, Berlin), Dr. Jens Wolf (Partner, Berlin/Hamburg), Moritz Meyer Bruhns (Associate, Berlin), Dr. Christian Ahrendt (Senior Associate, Berlin), Philipp Hoegl (Senior Associate, Hamburg) Felix Paul (Professional Support Lawyer, Berlin), all M&A/Venture Capital, Stephan Manuel Nagel (Partner), Louisa Nowalder (Associate) both Düsseldorf, both Competition, EU & Trade

Taylor Wessing France: Nicolas de Witt (Partner), Grâce M'Vunda (Associate) both M&A/Venture Capital, Christophe Flaicher (Partner), Gwendal Chatain (Counsel) both Tax, Markus Asshoff (Partner), Mounira Freih-Bengabou (Counsel) both Labor Law, all Paris

 

 

Call To Action Arrow Image

Latest insights in your inbox

Subscribe to newsletters on topics relevant to you.

Subscribe
Subscribe

Related Insights

Top view of Cargo Pier
Venture capital

Taylor Wessing advises 1-4-9 on its investment in Leviathan GmbH

15 September 2022

by multiple authors

Click here to find out more
Working business night
Venture capital

Taylor Wessing advises General Catalyst on Series B financing round in Localyze

13 September 2022

by multiple authors

Click here to find out more
Modern glass skyscraper
Venture capital

Taylor Wessing advises Ontario Teachers' Pension Plan Board on €250 million expansion of Trade Republic's Series C funding round

21 June 2022

by multiple authors

Click here to find out more