TENZING Partners facilitated the sale of Luxcaddy, Luxembourg’s leading grocery delivery service, to a private entrepreneur, ensuring a smooth transition while promoting future growth.

Target Company Information

ITIX S.A., the parent company of Luxcaddy, is a notable player in Luxembourg’s grocery delivery services. Established in 2007, it has successfully built a robust customer base, serving over 50,000 users and facilitating approximately 65,000 deliveries annually. Luxcaddy specializes in providing a wide array of daily essentials, emphasizing local and artisanal products including meats, baked goods, and dairy items. The company collaborates with over 20 local producers, thereby promoting organic and locally-sourced offerings.

Industry Overview in Luxembourg

The grocery delivery industry in Luxembourg has experienced substantial growth in recent years, driven by increasing consumer demand for convenience and efficiency. As urban areas expand and lifestyles become busier, more residents are turning to delivery platforms for their grocery needs. This trend is only expected to accelerate, particularly in the wake of the COVID-19 pandemic, which has reshaped consumer habits and increased reliance on online shopping.

Additionally, the rise of e-commerce in Luxembourg has fostered a competitive landscape, with various local and international players vying for market share. Innovations in log