HelloFresh GmbH Financing Round of EUR 110.0 million; Rocket Internet becomes majority investor

06 FEBRUARY 2015
Summary
Existing shareholders of HelloFresh GmbH agreed to invest a total amount of EUR 110.0 million in HelloFresh /// Rocket Internet AG participates with an amount of EUR 100.0 million /// This results in an increase in the last portfolio value of Rocket Internet’s stake in HelloFresh by EUR 273.3 million.

Berlin, Germany, 6th February 2015 – Existing shareholders of HelloFresh GmbH (“HelloFresh”) agreed to invest a total amount of EUR 110.0 million in HelloFresh. Rocket Internet AG (”Rocket Internet”) participates with an amount of EUR 100.0 million. Insight Venture Partners also takes part. Based on this financing round, HelloFresh’s post-money valuation of EUR 131.2 million increases to EUR 623.8 million (pre further dilution through management participations). Rocket Internet’s total shareholding in HelloFresh changes as a result of this capital increase and a preceding secondary transaction (Rocket Internet acquired shares for a purchase price of EUR 30.1 million) from 37.4% to a majority position of 51.7% (pre further dilution through management participations). This results in an increase in the last portfolio value (“LPV”) of Rocket Internet’s stake in HelloFresh by EUR 273.3 million (from EUR 49.1 million to EUR 322.4 million).

For further information, please see the press release issued by HelloFresh.

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About Rocket Internet

About Rocket Internet

Rocket Internet incubates and invests in internet and technology companies globally. It provides operational support to its companies and helps them scale internationally. Rocket Internet focuses predominantly on four industry sectors of online and mobile retail and services that make up a significant share of consumer spending: Food & Groceries, Fashion, General Merchandise and Home & Living. Rocket Internet’s selected companies are active in a large number of countries around the world with more than 33,000 employees. Rocket Internet SE is listed on the Frankfurt Stock Exchange (ISIN DE000A12UKK6, RKET). For further information please visit www.rocket-internet.com.

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