2018 Investor News

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Selecta sells Custompak Ltd

19th September 2018. Selecta, a leading European vending and coffee services provider, today announced that it has sold Custompack Ltd formerly known as Chequer Foods Ltd, to PortionPack Europe Group, the European market leader in the field of Portion packed products, via its UK based company Single Source Ltd.

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Selecta acquires Express Vending Group Limited

17th August 2018: Selecta Group today announces that the company has acquired Express Vending Group Limited (“Express Vending”).

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Selecta sells Selecta Finland

15th March 2018: Selecta Group, a European leader in unattended self-serve coffee and convenience food, today announced that it has sold Selecta Finland to JOBmeal.  Selecta Finland employs about 95 people and generated net sales of approximately €13.7 million in the business year 2016/17. The sale has been subject to approval from the European Commission (EC). Selecta will continue to operate in Finland through its Pelican Rouge entity in Finland (http://www.pelicanrouge.com/fi).

The financial conditions of the transaction have not been disclosed.

Selecta appoints new Chief Financial Officer

March 14, 2018: Selecta Group B.V. (“Selecta”), a European leader in unattended self-serve coffee and convenience food, today announced that Hugues Rougier will resign from his role as Chief Financial Officer at his own request to pursue other opportunities outside of Selecta. The Board and Mr. Rougier have agreed that this change will come into effect on March 31, 2018.

Following this, Selecta is delighted to announce that Gabriel Pirona will succeed Hugues Rougier and will commence his role as the new CFO on April 1, 2018. Mr. Pirona is a multi-lingual senior finance leader, who has worked as CFO at Photo-Me, a UK publicly listed company, during the past three years. He has a proven track record in successfully delivering business transformation and creating value through growth. He furthermore has significant experiences in M&A and a strong commercial background in businesses that demonstrate many similarities with Selecta.

David Flochel, CEO of Selecta, said: “On behalf of the Board of Directors and the Management, I want to thank Hugues for his significant contributions to Selecta, particularly during the last year of transforming the company.”

David Hamill, Executive Chairman of Selecta, said: “We are pleased to welcome Gabriel Pirona to Selecta. I’m sure that his experience and capabilities will strongly contribute to the growth journey that we are on.”

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Media contacts

Selecta Group

Kerstin Müller
Corporate Communication Manager
Mobile: +41 79 331 48 30
Email: kerstin.mueller@selecta.com

Selecta acquires Gruppo Argenta

2nd February 2018: Selecta Group today announced that the company has completed the acquisition of Gruppo Argenta S.p.A. ("Argenta"), a leading vending and coffee service provider in Italy, from Motion Equity Partners. 

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