April 20, 2021

Competition gives the green light to the purchase of the company of Canary Flash by Just Eat – La Provincia

Just eat, the company dedicated to the sector offood delivery, has acquired the platformCanary Flash(Canary Delivery Company SL), after receiving the approval of theNational Commission of Markets and Competition (CNMC). The 'delivery' platform has stated, in a statement, that this acquisition is complementary to the Just Eat business in Spain, which provides additional reach to the company and reinforces its presence in the Canary Islands, where it has been operating since 2014.

After formalizing the acquisition, Canary Flash, which was founded in 2015 and is present in both Las Palmas de Gran Canaria and Santa Cruz de Tenerife, will be integrated into Just Eat. The restaurants that until now operated with Canary Flash will become part of Just Eat. The Canary Flash platform, like Just Eat Spain, is committed tocontracting modeln by someone else when offering services ofdistributionto its associated restaurants.

The CEO of Just Eat Spain, Patrik Bergareche, has congratulated himself on this purchase. "This acquisition is a great opportunity to consolidate our leadership in the Canary Islands and incorporate an excellent offer of restaurants for our users. Together with Canary Flash, I am convinced that we will continue to offer the best service to our restaurants without prejudice to jeopardizing our compliance with labor regulations, "he said.

"Our goal as a company is on the one hand to offer our users the greatest variety of food and geographic reach and on the other hand to help our restaurant partners reach more users, giving them the best service in the industry," he stressed.

Just Eat has been operating in Spain since 2010 and covers 95% of the national territory, working with more than 10,000 restaurants to serve more than two million active customers.

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