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.
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.
Georges FrickAttorney at law, tax adviser Associate
Georges Frick is tax adviser and member of our tax practice group in Zurich. He specializes in Swiss and international taxation, particularly for (ultra) high net worth individuals, executives and entrepreneurs, and family offices. His expertise includes succession planning, private wealth structures as well as tax-efficient group and investment structures.T: +41 43 434 67 12 M: +41 79 535 50 76 E: Georges.Frick@loyensloeff.com