Magical Honour Limited has acquired Matratzen Concord from Beter Bed Holding
Magical Honour Limited has acquired Matratzen Concord from Beter Bed Holding.
Magical Honour is a vehicle that consists of an Asian private equity investor with strong ties to key players in the bedding industry. It has a strong track record of ownership, transformation and realization of investment returns.
Headquartered in Germany, Matratzen Concord is a pan-European specialty discounter focusing on sales of value-for-money mattresses, bed bases, box springs and bed textiles. The chain has 849 stores in three countries: Germany, Austria and Switzerland.
Based in the Netherlands, Beter Bed Holding is a European retail organization that trades in bedroom furniture, mattresses and related products. The company, through its subsidiaries, distributes its products through its international retail brands, its own wholesaler operation DBC International and through digital channels.
Oaklins' team in Shanghai acted as the buy-side advisor and coordinated the whole process. Oaklins' team in the Netherlands assisted with the transaction.
Talk to the deal team
Related deals
Zephyr Group has acquired PK OEM Parts
Zephyr Group has acquired PK OEM Parts. With the entry of PK OEM Parts, Zephyr Group aims to achieve a consolidated turnover of approximately US$65 million in 2023. The acquisition will allow an increase in the services and product range offered to customers by leveraging the group’s know-how and logistical capabilities. Furthermore, the acquisition represents a step forward in the growth and consolidation strategy that Zephyr Group started in 2018 with the acquisition of Spanish competitor SKV.
Learn moreBaird Capital invests in Freemarket
Baird Capital has completed a growth capital investment in Freemarket. The investment supports Freemarket’s continuing fast growth and international expansion, as well as providing a partial cash-out to existing shareholders.
Learn moreStrahinjcica has been acquired by Studenac
The owner of Strahinjcica has sold the company to Studenac.
Learn more