Swiss Sense has refinanced its current financing facilities at ABN AMRO and at the same time acquired additional growth financing.
Lindenaar & Co acted as advisor for Swiss Sense, renowned for its box-springs, to realise financing facilities for the company’s growth ambitions. Swiss Sense owns stores in the Netherlands, Belgium, Germany and Austria and also production facilities in the Philippines.
Following a competitive process, ABN AMRO was selected as the company’s new house bank. ABN AMRO offered the best solution in which the financing facilities provide sufficient entrepreneurial flexibility and means for the growth ambition of Swiss Sense.
Lindenaar & Co advised Swiss Sense during the entire process, including financial analysis, drafting an information memorandum, structuring the financing facilities, approaching the different financiers and negotiating the terms and conditions. Due to a good cooperation between Swiss Sense, Lindenaar & Co and ABN AMRO, the process was quick and smooth.
Profile Swiss Sense
Swiss Sense is a top 3 retailer in the Dutch and Flemish bed furniture market and one of the fastest growing companies in the German market. Swiss Sense offers premium quality box-springs, bed bases, matrasses and bedlinen. Per end 2018 the company owned almost 100 stores in the Netherlands, Belgium, Germany and Austria. Furthermore, Swiss Sense has its own production facilities.