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. 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 advisor to KKR on Dutch, Luxembourg and Swiss law aspects. The team included the following members:
Luxembourg:
Vassiliyan Zanev, Antoine Fortier, Laëtitia Ervyn (Banking & Finance) and Joost van den Berg (Tax).
The Netherlands:
Sietske van't Hooft, Evelien Bougie, Lilian Welling-Steffens, Michelle Broere (Banking & Finance), Jasper Moonen and Erwin Bosma (Corporate).
Switzerland:
Beat Baumgartner and Georges D. Frick (Corporate and Tax).