HelloFresh, the German meal kit delivery business, is planning a second attempt to float on the stock exchange.

The company wants to raise €250m to €300m in the flotation that it plans to use for expansion and new business lines.

Dominik Richter, co-founder and chief executive, said: “The public listing marks the next logical step to further expand our business, to secure our position as the leading global player and to pursue our long-term growth strategy.”

HelloFresh, which wants to compete with Amazon and Blue Apron in the US, originally planned to float in late 2015, but cancelled the listing because it could not get the price it was after.

The business is backed by Rocket Internet, which also backs German listed company Delivery Hero.