Selecta Group is a European unattended self-service retailer founded in 1957 in Murten, Switzerland.It is owned by the American investment firm Kohlberg Kravis Roberts & Co. The company provides coffee and convenience foods in the workplace and public spaces. It is headquartered in Cham, Switzerland. In 2019, the company had approximately 10,000 employees and generated approximately €1.6 billion in revenue.[2]
In 1950, Joseph Jeger, a Swiss employee working in Basel, went on a business trip to the United States and saw his first vending machines in factories there. He thought it would be a great idea to put similar vending machines in the factory of the company he worked for. Spending all his savings, he ordered five machines from the US producer and was allowed to install them in the factory. Joseph Jeger's employer is still a client of Selecta.[citation needed]
Factory workers used Jeger's machines day in and day out. The American machines were produced with American fittings, making them expensive to maintain. To overcome this, Jeger rented a garage in his hometown of Murten, hired his first employee and produced the first vending machine made in Switzerland. This vending machine was the first to carry the name Selecta in 1957.[citation needed]
2012 - Selecta partners with Starbucks to launch Starbucks Office Coffee.[6]
2015 - Selecta is purchased by KKR for CHF 3.7bn.[7]
2017 - Selecta acquires Pelican Rouge, a company with operations in eight European countries. Selecta also acquires Pelican Rouge's roasting facility in the Netherlands.[8][9]
2018 - Selecta acquires Argenta[10] and Express Vending in the UK.[11]
References
^ abStuckey, David (February 3, 2017). "Ellex and Cobalt Advises on BaltCap Acquisition of Selecta's Baltic Operations". ceelegalmatters.com.
selecta, company, dairy, products, brand, selecta, dairy, products, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, . For the dairy products brand see Selecta dairy products This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Selecta company news newspapers books scholar JSTOR June 2019 Learn how and when to remove this template message Selecta Group is a European unattended self service retailer founded in 1957 in Murten Switzerland It is owned by the American investment firm Kohlberg Kravis Roberts amp Co The company provides coffee and convenience foods in the workplace and public spaces It is headquartered in Cham Switzerland In 2019 the company had approximately 10 000 employees and generated approximately 1 6 billion in revenue 2 SelectaIndustryVending and coffee services operator 1 Founded1957 66 years ago 1957 in Murten SwitzerlandFounderJoseph JegerHeadquartersCham SwitzerlandArea servedEurope 1 ProductsCoffee vending machinesRevenue 1 6 billion 2 Number of employees10 000 2 ParentKohlberg Kravis RobertsWebsitewww wbr selecta wbr com Contents 1 History 1 1 Milestones 2 References 3 External linksHistory Edit Public vending In 1950 Joseph Jeger a Swiss employee working in Basel went on a business trip to the United States and saw his first vending machines in factories there He thought it would be a great idea to put similar vending machines in the factory of the company he worked for Spending all his savings he ordered five machines from the US producer and was allowed to install them in the factory Joseph Jeger s employer is still a client of Selecta citation needed Factory workers used Jeger s machines day in and day out The American machines were produced with American fittings making them expensive to maintain To overcome this Jeger rented a garage in his hometown of Murten hired his first employee and produced the first vending machine made in Switzerland This vending machine was the first to carry the name Selecta in 1957 citation needed Milestones Edit 1957 Selecta founded in Switzerland 1985 Selecta joins the Valora Group 1997 Selecta floats on the Swiss Stock Exchange at CHF 515 million 3 2001 Compass Group acquires Selecta for CHF 1 35 billion 4 2007 Selecta is purchased by Allianz Capital Partners for CHF 1 80 billion 5 2012 Selecta partners with Starbucks to launch Starbucks Office Coffee 6 2015 Selecta is purchased by KKR for CHF 3 7bn 7 2017 Selecta acquires Pelican Rouge a company with operations in eight European countries Selecta also acquires Pelican Rouge s roasting facility in the Netherlands 8 9 2018 Selecta acquires Argenta 10 and Express Vending in the UK 11 References Edit a b Stuckey David February 3 2017 Ellex and Cobalt Advises on BaltCap Acquisition of Selecta s Baltic Operations ceelegalmatters com a b c Selecta Corporate Factsheet Summer 2019 Selecta Selecta Group Retrieved 6 August 2019 Studer Margaret 16 May 1997 Swiss IPOs Spinoffs Present New Investment Opportunities Wall Street Journal Hagerty James R February 13 2001 Compass Group Agrees to Acquire Remaining Shares of Selecta Group Wall Street Journal Allianz Capital Partners buys Selecta AltAssets May 16 2007 Starbucks and Selecta launch Starbucks Office Coffee Starbucks Press release August 13 2012 Allianz sells vending machine operator Selecta to KKR Reuters October 12 2015 Selecta agrees to acquire coffee vending company Pelican Rouge Press release FoodBev March 14 2017 Selecta completes acquisition of Pelican Rouge Selecta Press release September 8 2017 KKR backed Selecta buys Argenta Unquote White Martin August 17 2018 Selecta acquires vending solution supplier Express Vending Press release FoodBev External links Edit Wikimedia Commons has media related to Selecta Official websitePortals Companies Switzerland Food Coffee Retrieved from https en wikipedia org w index php title Selecta company amp oldid 1102130593, wikipedia, wiki, book, books, library,
