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Selecta to acquire Gruppo Argenta

02.10 '17
Selecta agrees to acquire the Italian vending operator.
The acquisition of Argenta is expected to strengthen Selecta’s position as the pan-European industry leader with an enlarged presence in 16 countries, with a strong presence in a key market like Italy.

Argenta has a high quality, diversified and well-established Italian client and customer base and widely recognised as a leader in coffee services and vending innovations including micro markets, cashless payment technologies and healthy on-the-go food retail offerings.

The transaction is subject to customary closing conditions, including relevant antitrust clearance. Closing of the acquisition is expected to take place in the first quarter of 2018.

2017 European Vending Association