US food delivery platform DoorDash has concluded the acquisition of UK rival Deliveroo in a court‑approved scheme of arrangement.

The boards of the two companies agreed a final cash offer for all issued and to‑be‑issued ordinary shares in Deliveroo, a proposal that was recommended by Deliveroo’s Independent Committee.

The transaction was implemented under Part 26 of the UK Companies Act.

The merger with Deliveroo will bolster DoorDash's position as a global leader in local commerce.

With the scheme effective, physical Deliveroo share certificates are no longer valid and CREST electronic holdings are being cancelled.

The agreement, first announced in May 2025, values Deliveroo at £2.9bn ($3.8bn).

Under the agreed terms, holders of Deliveroo shares will receive 180p in cash for each share they held.

London-based Deliveroo operates across Belgium, France, Ireland, Italy, Kuwait, Qatar, Singapore, the United Arab Emirates and the UK.

The business partners with around 176,000 restaurants, grocery and retail outlets and works with over 130,000 riders. It reported approximately seven million monthly active users in 2024.

For the year to 31 December 2024, Deliveroo recorded revenue of £2bn and adjusted EBITDA of £140m.

DoorDash, established in 2013, has grown its presence to more than 30 countries. The companies said Deliveroo will continue its operations in existing markets while becoming part of DoorDash’s wider group.

Last month, Deliveroo founder and CEO, Will Shu, decided to step down.

Miki Kuusi, presently Head of International at DoorDash, has been named the new CEO of Deliveroo.