Torqx Capital Partners agreed to acquire Beter Bed Holding N.V. (ENXTAM : BBED) for approximately €170 million on July 10, 2023. Under the terms, consideration will be paid in cash for €6.10 per share. BBH’s Boards fully and unanimously support the Offer and the transactions.

Torqx will fund the Transaction entirely through a combination of equity and prudent debt financing package. Offer is expected to settle in the beginning of 2024.The Transaction is subject to customary pre-offer conditions and offer conditions, including obtaining the Competition Clearance and Minimum acceptance level of at least 80% of the Shares. Rabobank is acting as financial advisor and De Brauw Blackstone Westbroek N.V. is acting as legal advisor to the Beter Bed.

OXEYE Advisors is acting as financial advisor, Stibbe N.V. as legal advisor to Torqx Capital Partners.