BBED Beter Bed Holding N.V.

Beter Bed Holding NV: introduction of Element circular box spring

Beter Bed Holding NV: introduction of Element circular box spring

Beter Bed Holding presented the new strategy at the Capital Markets Day on 26 October 2018. Five consumer trends have been identified that give direction to this strategy. These trends are of fundamental importance to the company’s long-term vision. Sustainability is one of these trends.

As market leader in a number of different markets, Beter Bed Holding believes it is vitally important that it accepts its responsibility and plays a pioneering role in the field of sustainability. Beter Bed is taking the lead by being the first player in the market to introduce a completely circular box spring: Element.

The Element box spring has been developed in a completely modular fashion in close collaboration with the supplier. The box spring is easy to disassemble and all the materials are recyclable. All the parts can also be replaced separately. They are all made of mono-materials rather than mixed raw materials, which means they are completely recyclable.

Beter Bed engaged the services of TNO – the Netherlands Organisation for Applied Scientific Research – in order to demonstrate the circularity of this Element box spring versus box springs produced in the standard way. TNO uses its unique IMPACT (Integrated Method of sustainable Product Assessment for Circular Transition) method to measure the effects on aspects such as resources, people & planet and the economy. This renders the product’s circularity score or ‘green score’. The results of the research carried out by TNO provide, in addition to a sustainability score for Element, insights into the further development possibilities in the field of sustainable products in the assortment.

Customers have the option of leasing Element at Beter Bed, which means they can sleep on an Element box spring starting at € 1.43 a night. After the end of the lease term, the customer can once again lease a new Element box spring. Element box springs that are returned are processed and recycled in a responsible manner in collaboration with the suppliers.

Element is the first collection being presented under the Beter Bed Green sleeping label. Green sleeping stands for a good night’s sleep on products for which sustainability aspects have been expressly taken into account during their development. Element is the box spring collection being carried under this label and will be available in 16 Beter Bed stores in the Netherlands starting this Easter.

Profile

Beter Bed Holding is a European retail organisation that offers its customers the best quality rest at affordable prices. The organisation will do this through its international retail brands Matratzen Concord, Beter Bed, Beddenreus, Sängjätten and own wholesaler operation DBC International. All brands provide the best advice to their customers on all relevant channels including online.  In 2018, the company achieved € 396.3 million sales with a total of 1,009 stores and an increasingly relevant share of online sales.

For more information

John Kruijssen

CEO

+31 (0)413 338819

+31 (0)6 13211011

Hugo van den Ochtend

CFO

+31 (0)413 338819

+31 (0)6 25746309

 

 

Click on the link below for the PDF of the press release.

 

 

Attachment

EN
04/04/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Beter Bed Holding N.V.

 PRESS RELEASE

Final results of the Offer for Beter Bed Holding: 98.44% of the Share...

Final results of the Offer for Beter Bed Holding: 98.44% of the Shares obtained JOINT PRESS RELEASE This is a joint press release by Beter Bed Holding N.V. ("Beter Bed Holding" or the "Company") and 959 B.V. (the "Offeror"), a company controlled by Torqx Capital Partners ("Torqx"). This joint press release is issued pursuant to the Article 16, paragraphs 1 and 2, Article 17 paragraph 1 and Article 4, paragraph 3 of the Netherlands Decree in Public Takeover Bids (Besluit openbare biedingen Wft, the "Decree") in connection with the recommended public offer by the Offeror for all the issu...

 PRESS RELEASE

Torqx declares offer for Beter Bed Holding unconditional; 95.14% of Sh...

Torqx declares offer for Beter Bed Holding unconditional; 95.14% of Shares now tendered or committed JOINT PRESS RELEASE This is a joint press release by Beter Bed Holding N.V. ("Beter Bed Holding" or the "Company") and 959 B.V. (the "Offeror"), a company controlled by Torqx Capital Partners ("Torqx"). This joint press release is issued pursuant to the Article 16, paragraphs 1 and 2, Article 17 paragraph 1 and Article 4, paragraph 3 of the Netherlands Decree in Public Takeover Bids (Besluit openbare biedingen Wft, the "Decree") in connection with the recommended public offer by the Offer...

 PRESS RELEASE

Beter Bed Holding N.V. Extraordinary General Meeting adopts all resolu...

Beter Bed Holding N.V. Extraordinary General Meeting adopts all resolutions in relation to the recommended Offer by Torqx This is a press release by Beter Bed Holding N.V. ("Beter Bed Holding" or the "Company"). This press release is issued in connection with the recommended public offer by 959 B.V. (the "Offeror"), a company controlled by Torqx Capital Partners B.V. ("Torqx"), for all the issued and outstanding shares in the capital of the Company (the "Offer"). This press release does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in Bete...

 PRESS RELEASE

Beter Bed Holding NV reports solid third quarter

Beter Bed Holding NV reports solid third quarter Highlights Q3 sales amounted to € 54.9 million (+0.9% vs Q3 2022) resulting in YTD sales of € 173.3 million (+3.9%)Online sales for Q3 at € 9.3 million (-0,5% vs Q3 2022), leading to an online channel share of 16.9% and 17.4% YTDLike-for-Like order intake Q3 up by 9.5%, resulting in an order book of € 21.9 million (+10.1% vs 30 Sept 2022)New Business sales in Q3 +13.0% vs Q3 2022, leading to YTD sales of € 10.2 million (+6.5%)Continued implementation of strategic plan, with third experience store opening for Q4 2023Recommended all-cas...

 PRESS RELEASE

Torqx launches recommended all-cash offer for Beter Bed Holding Shares...

Torqx launches recommended all-cash offer for Beter Bed Holding Shares - Acceptance Period starts on 5 October 2023 UPDATE - JOINT PRESS RELEASE This is a joint press release by Beter Bed Holding N.V. ("Beter Bed Holding" or the "Company") and 959 B.V. (the "Offeror"), a company controlled by Torqx Capital Partners B.V. ("Torqx"). This joint press release is issued pursuant to the provisions of Section 4, paragraph 1, Section 10, paragraphs 1 and 3 and Section 18, paragraph 3 of the Dutch Decree on public takeover bids (Besluit openbare biedingen Wft) (the "Decree") in connection with...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch