Stibbe advises Torqx Capital Partners on public offer for Beter Bed Holding N.V.

Matter
NL Law
Expertise
Corporate and M&A Private Equity

Stibbe is acting as lead counsel to Benelux investment firm Torqx Capital Partners on its intended recommended all-cash public offer for 100% of the shares in Beter Bed Holding N.V.

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Beter Bed is the largest sleep specialist in retail, wholesale and B2B in the Netherlands. The transaction, initiated by Torqx, is supported by long-term and dedicated shareholders Navitas Capital, Teslin Participaties and De Engh, which currently hold 44.32% of the shares.

The offer represents a total value of approximately EUR 168 million for 100% of the shares.

More information is provided in this press release and on FD.nl.

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