Getir buys fast grocery rival Gorillas in $1.2 billion deal

By Ebru Tuncay and Hakan Ersen
FILE PHOTO A courier of the fast grocery deliverer Getir rides a bike as Amsterdam and Rotterdam have moved to ban new quotdark storequot delivery hubs in the city centres in Amsterdam Netherlands February 8 2022. REUTERSPiroschka van de WouwFile Photo

FILE PHOTO: A courier of the fast grocery deliverer Getir rides a bike as Amsterdam and Rotterdam have moved to ban new "dark store" delivery hubs in the city centres, in Amsterdam, Netherlands February 8, 2022. REUTERS/Piroschka van de Wouw/File Photo

ISTANBUL (Reuters) - Turkish delivery company Getir has bought German rival Gorillas in a deal worth $1.2 billion that will merge two of the remaining companies in Europe promising groceries in minutes.

Serkan Borancili, who founded Istanbul-based Getir in 2015, shared the price tag on Twitter on Friday and said the combined company was now stronger.

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