Selecta (company)

Selecta Group

Company type	Private
Industry	Vending machine services, coffee and convenience food solutions
Founded	January 1, 1957 (1957-01-01) in Murten, Switzerland
Founder	Joseph Jeger
Headquarters	Cham , Switzerland
Area served	Europe
Products	Coffee and convenience food vending solutions
Owner	Kohlberg Kravis Roberts & Co.
Number of employees	10,000 (2019)
Website	www.selecta.com

Selecta Group is a European operator specializing in unattended self-service retail, established in 1957 in Murten, Switzerland. Currently owned by the American private equity firm Kohlberg Kravis Roberts & Co., the company delivers coffee and convenience food solutions within workplaces and public venues. Its headquarters are located in Cham, Switzerland. As of 2019, Selecta employed roughly 10,000 staff members and achieved revenues nearing .

History

During a business trip to the United States in 1950, Joseph Jeger, a Swiss worker based in Basel, discovered vending machines and recognized their potential application at his employer’s factory. Using his personal savings, he imported five vending machines from the US and installed them locally. To minimize maintenance expenses linked to American components, Jeger initiated local production of vending machines in Switzerland, officially founding Selecta in 1957.

Milestones

• 1957 - Establishment of Selecta in Switzerland.
• 1985 - Integration into the Valora Group.
• 1997 - Initial public offering on the Swiss Stock Exchange valued at CHF 515 million.
• 2001 - Acquisition by Compass Group for CHF 1.35 billion.
• 2007 - Purchased by Allianz Capital Partners for CHF 1.80 billion.
• 2012 - Collaboration with Starbucks to introduce Starbucks Office Coffee.
• 2015 - Bought by KKR for CHF 3.7 billion.
• 2017 - Acquisition of Pelican Rouge, broadening operations to eight European countries and adding a roasting plant in the Netherlands.
• 2018 - Expanded UK footprint through the purchase of Argenta and Express Vending.

External links

• Official website