Waterland Private Equity has received clearance to acquire all shares in RB Holding, the p-rent company of Ruf Betten. The pending approval by the German Federal Cartel Office was granted on 20 January, ten days after submission of the application for the planned takeover. The seller is Nord Holding, which had acquired the shares from the Hüls group around five years ago. Bruno Interior, which has belonged to the Ruf Group since the beginning of 2020, is also part of the transaction. Bruno specialises in the direct online sale of box-spring beds and sofa beds.
In the 2020 financial year, the two companies generated combined turnover of approximately €60m. The number of employees is indicated as 200. With the new owner, further internationalisation and expansion of the direct-to-consumer (D2C) business segment are to be advanced. Further acquisitions are also planned.
