Wonder Group Acquires Blue Apron for $13.00 per Share

November 13, 2023

Wonder Group, founded by Marc Lore, has completed its acquisition of Blue Apron for $13.00 per share (approximately $103 million equity value), taking the meal-kit pioneer private following a tender offer and subsequent merger. Blue Apron will operate as a wholly owned subsidiary of Wonder and will be integrated into Wonder’s mealtime “super app,” expanding Wonder’s offering to include Blue Apron meal kits and Heat & Eat options while continuing Blue Apron’s nationwide operations.

Buyers
Wonder Group
Targets
Blue Apron
Sellers
Blue Apron stockholders, FreshRealm, Inc.
Industry
Food & Beverage
Location
New York, United States
Transaction Type
Buyout

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