Selecta is the European market-leading supplier of coffee machines, vending machines and workplace self-service solutions.
Express Vending is a UK based supplier of self-service vending machines, based in Hertfordshire. It has developed a signature product, The Hub, a self-service micro-market which corporate customers can install in their offices.
The Fladgate team was led by corporate partners Alex Kaufmann and Jamie Hamilton.
Alex Kaufmann commented: “It was a pleasure to work with the Selecta acquisition team as well as with KKR on this transaction. This is another example of our team’s ability to deliver complex transactions for foreign buyers of UK assets as well as for Private Equity investors.”
Jamie Hamilton commented: “We were delighted to assist Selecta and KKR with this exciting strategic acquisition. Express Vending is an innovative, high growth business with a strong footprint in London and the UK’s south-east, and we look forward to seeing it flourish as part of the Selecta group.”
Markus Hunold, investment director at KKR, commented: “We are delighted with the acquisition of Express Vending by our portfolio company Selecta. The team at Fladgate supported Selecta and us through the transaction commercially, pro-actively and responsively and we were impressed with the service and advice provided throughout.”