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

NL Law

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.

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