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11 October 2017

HelloFresh dishes out IPO plans

The Rocket Internet and Vorwerk-backed meal kit subscription service has confirmed it is seeking $295m to $355m in proceeds from a Frankfurt Stock Exchange flotation.

Author: Thierry Heles, Reporter

HelloFresh, a Germany-based meal kit delivery service backed by household product supplier Vorwerk, is targeting an initial public offering worth between €250m and €300m ($295m to $355m), Bloomberg reported yesterday.