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16 May 2017 / deal

Loyens & Loeff advised KKR on the acquisition of Selecta Group from Allianz Capital Partners

KKR, a leading global investment firm, successfully acquired over 90 percent of the shares in Selecta Group from Allianz Capital Partners, Allianz Group's in-house investment manager for alternative investments.

Acquisition of Selecta Group

Selecta Group is a leading vending and coffee services company in Europe with a turnover of about 714 million and approximately 4,500 employees in 21 countries across Europe. The company operates more than 145,000 vending machines, employs approximately 4,500 people, and serves more than 6 million consumers daily.

KKR has supported Selecta since 2014, when KKR Credit provided € 220 million in long-term financing as part of the Group’s overall refinancing. Loyens & Loeff acted as legal and tax adviser to KKR on Dutch, Luxembourg and Swiss law aspects.