Karlovarské minerální vody has acquired the Selecta group companies in CZ, SK and HUN from Selecta AG, Switzerland. Schellenberg Wittmer acted as Swiss legal counsel to the Buyer.
Selecta AG, Switzerland, the leading vending and coffee services company in Europe, has sold its subsidiaries in the Czech Republic, Slovakia and Hungary to HALANTIR, a.s., a Czech company controlled by Karlovarské mineralní vody, a.s., the largest producer of mineral waters in Central Europe. The sold subsidiaries employ about 200 persons and had a turnover of around 14 million EUR in the business year 2014/2015.
Schellenberg Wittmer acted as Swiss legal counsel to HALANTIR, a.s. / Karlovarské mineralní vody, a.s. for Swiss law aspects of the transaction. The team consisted of partner Oliver Triebold (corporate/M&A) and associate Camillo Devecchi (corporate/M&A).