Selecta Group completes transformative recapitalisation

SELECTA GROUP B.V.

Selecta Group completes transformative recapitalisation – positioning it for long-term sustainable growth and profitability

• €330 million of new money provided to support Selecta Group’s long-term business plan
• Significant deleveraging achieved, reducing the Group’s debt by more than €1 billion
• Maturities of the Group’s remaining debt securities extended to the second half of 2030
• Ownership of the Group transferred to a group of supportive long-term institutional investors
• Michael Rauch appointed Interim CEO on 12 May 2025 to lead the execution of the Group’s sustainable growth strategy

CHAM, SWITZERLAND, 11 June 2025: Selecta Group (the “Group”), a Swiss-based Foodtech leader with a world-class distribution network in Europe, today announces it has completed a comprehensive recapitalisation transaction (the “Transaction”), significantly strengthening the Group’s financial position. With the benefit of a recapitalised balance sheet, the Group can now fully focus on driving long-term growth and profitability, while continuing to be a strong partner to its customers, suppliers and other stakeholders.

The Transaction provided Selecta Group with €330 million of new funding to refinance its existing revolving credit facility and strengthen liquidity by providing for significant cash on balance sheet. The Transaction also reduced the Group’s outstanding debt by more than €1 billion, while the maturities for the remaining debt securities have been extended to the second half of 2030.

Under the leadership of Interim CEO Michael Rauch, and with the support of the Group’s new owners, Selecta will strengthen its focus on increasing cash generation through disciplined capital allocation and growth across its pan-European network, driven by winning new business and expanding its innovative Foodtech offering.

Michael Rauch, Interim CEO of Selecta Group, said: “This is a landmark announcement for the business, and I’m delighted to lead Selecta as it enters this exciting new phase. This Transaction provides the financial stability to allow Selecta to build on its strong foundations and continue its success as a European Foodtech leader.

The Board and I have a clear strategy for the future of the Group. We will now focus on delivering sustainable long-term growth and operational excellence, while ensuring customers get the best possible experience and product when they choose Selecta.”

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