Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

SLEEPZ AG M&A Activity 2015

Nov 5, 2015

5817_rns_2015-11-05_aff23093-22d0-4bdb-97dc-2309314221ef.html

M&A Activity

Open in viewer

Opens in your device viewer

News Details

Ad-hoc | 5 November 2015 13:45

bmp Holding AG: majority acquisition of the ‘Matratzen Union’ Group

bmp Holding AG / Key word(s): Investment

05.11.2015 13:45

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


bmp Holding AG - majority acquisition of the 'Matratzen Union' Group

bmp Holding AG (ISIN DE0003304200) informs that it has signed a purchase
agreement for the majority acquisition of the 'Matratzen Union' group,
located in Volkmarsen, Hesse/Germany, today.

bmp Holding acquires 60% of the shares in each of the four companies of the
group, three of them being online retailers in the segment of sleep
products. The parties agreed to keep the purchase price confidential, which
was paid in cash. The remaining 40% remain with the founder Martin
Jungermann, who will also continue to manage the operations of the Group.

In the product segment of mattresses 'Markenschlaf GmbH' and 'Matratzen
Union GmbH' operate the online shops www.markenschlaf.de,
www.schlafnett.de, www.matratzenunion.de and www.schlafhandel.de which have
access to the most renowned manufacturers. 'Ecom Union GmbH' has a product
range that focuses on bedroom furniture - these products are sold in its
online shop www.onletto.de. 'Denkvertrieb GmbH' acts as a service company
for the group.

The group, which already operates profitable, will generate revenue of more
than EUR 6 million in 2015 and anticipates over EUR 10 million in revenue
for 2016.

With this acquisition, bmp Holding is underlining its strategy to establish
itself as one of the leading e-commerce groups in the segment of sleep
products in Germany.

In 2015 bmp's majority investments will achieve a turnover of EUR 13
million from which - due to the respective acquisition dates - approx. EUR
5 million will be accounted by bmp Holding for the fiscal year 2015.

bmp holding hereby confirms its revenue guidance of EUR 25-40 million for
2016, as the existing majority investments expect sales of more than EUR 22
million and further acquisitions are planned in 2016. Furthermore, the
Management Board expects an operative slightly positive result in the group
already for the fiscal year 2016.


Information and Explaination of the Issuer to this News:

For further information

bmp Holding AG
Corinna Riewe
Schlüterstraße 38
10629 Berlin
Tel.: +49 30 2030 5567
[email protected]

This ad hoc report represents neither an offer nor a request for an offer
for the purchase of securities to be submitted - especially not in the USA
and not in countries or jurisdictions in which an offer, a request for an
offer for the purchase of securities to be submitted or the sale of
securities would not be permitted under the prevailing Securities Law
without prior registration or listing.

This ad hoc report represents neither an offer for the sale of shares made
out to the bearer nor a request for an offer for the purchase of shares to
be submitted. It is for information purposes only.

05.11.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: bmp Holding AG
Schlüterstraße 38
10629 Berlin
Germany
Phone: +49 (0)30 20 305-0
Fax: +49 (0)30 20 305-555
E-mail: [email protected]
Internet: www.bmp-holding.de
ISIN: DE0003304200
WKN: 330420
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart; Warschau

End of Announcement DGAP News-Service