Amsterdam team advises on financing for Beter Bed Holding N.V.
Netherlands | Press release - Business | November 2022
Global law firm Norton Rose Fulbright advised on an acquisition financing for Beter Bed Holding N.V., a European retailer listed in the Netherlands, from ABN AMRO Bank N.V. and Coöperatieve Rabobank U.A. Beter Bed Holding increased its existing facilities agreement with ABN AMRO with an accordion facility with Rabobank. The increase was approved in order to further support the implementation of a strategic plan and to pursue potential opportunities.
The Amsterdam team was led by partner Omar Salah and included counsels Marjolein Pichel and Rob van Eldik as well as associates Frances Hoogenberg and Rik van der Laan.
Beter Bed Holding (BBH) is the Netherlands’ leading sleep specialist in retail, wholesale and B2B. Listed on Euronext Amsterdam, BBH operates the successful retail brands Beter Bed, Beddenreus, the new subscription brand Leazzzy and the digital organisation LUNEXT. In addition, through its subsidiary DBC International, BBH has a wholesale business in branded products in the bedroom furnishings sector, which includes the well-known international brand M line.
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