Express Vending Group Limited has been acquired by Selecta Group B.V.
The shareholders of Express Vending Group Limited have sold the business to Selecta Group B.V., a KKR portfolio company. Financial details have not been disclosed.
Express Vending is one of the UK’s leading suppliers of vending machines, with a fully managed vending service offering. The company’s product base comprises vending machines, coffee machines, water dispensers and table top machines, among others, and its service provision includes stocking, cleaning and maintenance.
Selecta Group is the leading independent operator of vending machines in Europe. The company offers a range of products, including hot and cold beverages, and various snacks and confectionery items. Selecta Group is headquartered in Switzerland and has more than 8,500 employees in 16 countries.
Oaklins Cavendish, based in the UK, advised the shareholders of Express Vending on the sale of the business to Selecta Group.
Talk to the deal team
Related deals
Bolster Investment Partners has acquired a majority stake in Eternal Sun
Bolster Investment Partners, a Netherlands-based investment firm, has acquired a majority stake in Eternal Sun, a global technology leader in advanced solar panel testing equipment, from ABN AMRO Sustainable Impact Fund, a private impact fund based in the Netherlands, and Vermec, a Belgium-based investment firm.
Learn moreiwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreLargest AIM IPO in the business support services sector over the past five years has been completed
MHA plc raised US$131 million (£98 million) through a placing and retail offer, achieving a market capitalization of approximately US$363 million (£271 million) on admission. This was the largest AIM IPO in the business support services sector over the past five years. The IPO provides a platform for continued investment in technology, talent and acquisitions, supporting the group’s ambition to become a top 10 UK professional services firm.
Learn more