Press Release

Kirkland Advises KKR and Selecta on Selecta's Acquisition of Pelican Rouge

Kirkland & Ellis International LLP is advising KKR Special Situations and its portfolio company Selecta, on the acquisition by Selecta of Pelican Rouge Group B.V.. The acquisition will bring together two of the leading vending and coffee services providers in Europe, with a presence in 15 countries and pro forma revenues of over €1.3 billion and EBITDA in excess of €200 million. The transaction was announced 14 March, 2017 and is expected to close in Q2 2017.

The Kirkland team, in London, was led by partners Gavin Gordon, Kon Asimacopoulos and Aprajita Dhundia, capital markets partner Matthew Merkle, debt finance partners Stephen Lucas and Sam Norris and tax partner Dulcie Daly.

Further information is available here