Selecta is the European market leader in vending services and vending products, with more than 140,000 vending machines in 21 countries, and around 5,000 employees, specialized in coffee, drinks and snacks.

Following continuing deterioration of performance deriving from fundamental price pressure & need for renewal capex, the Altercap funds disposed below par their investment into the senior debt & 2nd lien issued by Selecta.