|Advisors seller:||AXECO, De Brauw Blackstone Westbroek, Alvares and Marsal, King and Wood|
|Advisors buyer:||Oaklins, Ebner Stolz, King and Wood|
China-based investment firm Magical Honour has acquired Matratzen Concord, a Germany-based bed seller, from Beter Bed Holding, a Netherlands-based bed seller. As part of the investment in Matratzen Concord, Magical Honour Limited is committing to invest € 15 million in Matratzen Concord to ensure the company’s recovery and future growth. With the sale of Matratzen Concord, Beter Bed loses more than half of its turnover.
Press release: Original source.