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Closing: DoorDash’s Acquisition of Wolt Now Closed

Closing: DoorDash’s Acquisition of Wolt Now Closed

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On June 5, 2022, BDK Advokati announced that DoorDash’s acquisition of Wolt (reported by CEE Legal Matters on November 18, 2021) had closed.

"DoorDash is at the beginning of a colossal journey, and I’m more excited than ever about what we’re building and the potential to help hundreds of millions of people across the globe in our mission to empower local economies," DoorDash Co-Founder and CEO Tony Xu commented. "Together with Wolt, we believe we have the best team and platform to serve merchants, consumers, and couriers in our existing and future markets. Our journey in building our international business is just beginning and we’re confident in the incredible future we will build together."

As previously reported, BDK Advokati, working with lead counsel Allen & Overy in London, advised DoorDash on the acquisition of Wolt Enterprises. Wilson Sonsini Goodrich & Rosati and Avance Attorneys also advised the buyer. Skadden Arps Slate Meagher & Flom and Roschier advised Wolt on the deal.

The BDK Advokati team included Senior Partners Tijana Kojovic and Vladimir Dasic, Counsel Dragoljub Sretenovic, Attorneys Jelena Zelenbaba and Marija Gligorevic, and Junior Associates Anja Gligorevic and Jovana Dukovic.

Allen & Overy's Czech team included Partner Prokop Verner, Associate Martin Bytcanek, and Junior Lawyers Viktor Vrablik and Jan Engelmann.

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

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