You are here:
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.


FinSA – Deadlines-for-registration.jpg

FinSA-Deadlines for registration with a client advisory registry

The Swiss Financial Market Authority FINMA has granted the first licences to supervisory organisations read more

Additional depositor and customer protection

On 19 June 2020, following the consultation, the Federal Council adopted the dispatch on the partial revision of the Swiss Federal Banking Act (Bundesgesetz... read more

Clarification on the recognition of foreign bankruptcy decrees

The Swiss Federal Supreme Court further clarifies the recently revised rules on the recognition of foreign bankruptcy and insolvency decrees. read more