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Allianz Capital Partners acquires Selecta (Allianz kauft Automatenbelieferer)(Frankfurter Allgemeine Zeitung Via Thomson Dialog NewsEdge) Allianz Capital Partners, the investment fund of German insurer Allianz, has acquired Selecta, the UK-based vending services specialist, from UK-based catering group Compass Group for GBP772.5m. According to Compass, Selecta is Europe's leading vending services company and operates around 150,000 vending machines in 22 different countries. UK-based investment company Terra Firma had also bid for Selecta, which registered operating profits of GBP47m on turnover of GBP482m in the financial year 2005/06. Abstracted from Frankfurter Allgemeine Zeitung Copyright 2007 Abstracted by The Financial Times. All rights reserved. |