Swiss Sense, the century-old Dutch bedding specialist, has closed a €100m refinancing deal with ING, Rabobank and corporate finance advisor Nielen Schuman. Alongside private equity partner 365 Capital, this capital injection will underpin European growth and support digital and innovation initiatives.
Despite challenges in retail, Swiss Sense enjoys a robust EBITDA of over €55m under IFRS, signalling strong financial health and resilience. This refinancing places the company on a solid footing to accelerate its omnichannel ambitions and expand further into Scandinavia with its distinctive blend of physical and online consultancy.
CEO Martin Diks states, “As an organisation, we have worked very hard in recent years to prepare Swiss?Sense for the next phase. This refinancing is more than a financial transaction - it is a confirmation of the trust that our partners and shareholders have in our course.” His words reflect a strategic vote of confidence and signal potential for future M&A or roll?out opportunities attractive to investors.
Investors and property developers should note a further potential boon: the planned optimisation of Swiss Sense’s store network, including leasing or refurbishing approximately 10,000 m² of prime retail space across Europe. This level of retail real estate activity could generate significant development and value?addition prospects.
With 110 retail outlets and webshops across the Netherlands, Belgium, Germany and Austria, plus 26 stores in Denmark following the acquisition of Drømmeland in 2021, Swiss Sense is rapidly scaling its European footprint. Continued investment in logistics and digital transformation underscores its aim to lead Europe’s sleep specialist market.
As the company leans into AI-enhanced customer engagement and smart logistics, this €100m refinancing not only supports expansion but also offers an opening to investors and developers looking to participate in a forward-thinking retail real estate platform.
People
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Martin Diks, CEO, Swiss Sense
Companies
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Swiss Sense, a Dutch bedding and sleep specialist
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ING, financing partner
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Rabobank, financing partner
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Nielen Schuman, corporate finance advisor
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365 Capital, private equity stakeholder
Image Source: Swiss Sense (City Store Leidschendam)
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