The owner of the Kifli.hu brand will receive 170 million dollars in growth capital

By: Trademagazin Date: 2024. 06. 28. 12:14

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The Rohlik international group of companies dealing with online food services, the owner of the domestic Kifli.hu brand, will receive 170 million dollars (160 million euros) in growth capital from the European Bank for Reconstruction and Development (EBRD), the existing – Sofina, Index Ventures, Quadrille and TCF Capital – investors, and the European Investment Bank (EIB) – the company group announced on Friday.

According to the information, the capital will be used to finance Rohlik’s expansion plans in the DACH region, which includes Germany, Austria and Switzerland, as well as in the Central and Eastern European region, where they aim to be present in more than 10 additional cities by 2030.

According to the announcement, Rohlik’s entire target market and growth potential are significant, referring to the estimate of the international consultant McKinsey, according to which up to 30 percent of food sales in the leading countries may take place online by 2030.

The Rohlik group was founded in 2014 in the Czech Republic for online grocery trading, and currently operates in the Czech Republic (Rohlik.cz), Hungary (Kifli.hu), Austria (Gurkerl.at), Germany (Knuspr.de) and Romania (Sezamo.ro).