Lars Larsen Group A/S entered into a non-binding term sheet to acquire Sängjätten AB from Beter Bed Holding N.V. (ENXTAM:BBED) for €4.2 million on May 28, 2021. In 2020, revenues from Sängjätten, amounted to €14.6 million. The transaction is subjected to internal and external approvals , including competition clearance and negotiations with labour unions. The transaction is expected to close by June 30, 2021.

Lars Larsen Group A/S completed the acquisition of Sängjätten AB from Beter Bed Holding N.V. (ENXTAM:BBED) on June 30, 2021. The business of Sängjätten will be operated through a Swedish entity. Lars Larsen Group has concluded its due diligence and all approvals have been obtained.