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Marley Spoon AG has announced the acquisition of Chefgood Pty Ltd, a Melbourne-based ready-to-heat meal provider, for up to AUD 21 million (approximately EUR 13.3 million), with additional earn-outs of up to AUD 5.6 million dependent on revenue targets. Chefgood is currently operating at a revenue run-rate of AUD 26 million, achieving 138% year-over-year growth. The transaction aims to expand Marley Spoon's market presence and leverage synergies for operational efficiency. Funding will be secured through an AUD 8 million equity placement and an AUD 11 million debt facility extension, expected to close in January 2022.
