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    DGAP-News  489  0 Kommentare bmp Holding AG raises its stake in sleepz GmbH


    DGAP-News: bmp Holding AG / Key word(s): Investment
    bmp Holding AG raises its stake in sleepz GmbH

    13.10.2015 / 11:00

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    bmp Holding AG raises its stake in sleepz GmbH

    bmp Holding AG (ISIN DE0003304200) has reported that it has acquired an
    additional stake of 7.35% in sleepz GmbH. Once the purchase agreement has
    been reached, bmp will hold 60.08% of shares in sleepz. The parties have
    agreed not to disclose the purchase price.

    Oliver Borrmann, member of the Executive Board of bmp Holding AG, said,
    "Since we acquired a majority stake in sleepz, it has continued to develop
    successfully although growth has been falling short of our expectations due
    to the focus on higher margin products since September. From a current
    perspective, we assume that sleepz will add pro rata revenue of at least
    EUR 4 million to group revenue for 2015 after consolidation on 1 May 2015.

    In April this year, bmp acquired the majority of sleepz GmbH. The company
    operates a number of online shops at www.perfekt-schlafen.de and
    www.matratzendiscount.de and has acquired a strong market position as an
    online merchant in the sleep products segment in Germany within a short
    period of time.

    Increasing the stake, which has now been completed, is another step towards
    establishing bmp Holding AG as one of the leading e-commerce groups in the
    segment of living/sleep products. In the process, bmp is utilising a buy
    and build strategy which entails plans to make further acquisitions and
    establish subsidiaries. Meanwhile, bmp has founded a wholly owned
    subsidiary (Grafenfels Manufaktur GmbH) to develop its own mattress brand.

    Oliver Borrmann further explained, "With the increase in health awareness,
    good sleep has become a key issue and the demand for top-quality mattresses
    has increased. We have therefore developed a premium product portfolio of
    top-quality mattresses which is expected to be distributed under the
    company's own brand name, i.e."Grafenfels"."

    As a result of sleepz' weaker growth and Grafenfels' delayed market launch,
    which was put back by approximately two months, we now anticipate
    whole-year revenue in the EUR 4-4.5 million range. A potential further
    acquisition in 2015 could result to correcting this estimate upwards.

    About bmp Holding:
    bmp Holding AG (www.bmp-holding.de) is an e-commerce group focussing on the
    segment of living/sleep products.
    With online shops such as www.perfekt-schlafen.de and
    www.matratzendiscount.de, the bmp Group is one of the fastest-growing
    online retailers in the sleep products segment in Germany. The Group
    currently has a total of 30 employees.

    For further information

    bmp Holding AG
    Corinna Riewe
    Tel.: +49-30-20 30 5 567
    criewe@bmp.com
    Schlüterstraße 38, 10629 Berlin

    This Corporate News is neither an offer nor a request to submit an offer
    for the sale of securities - specifically not in the US or other countries
    or jurisdictions in which an offer or request to submit an offer for the
    purchase or sale would be illegal without prior registration or permission
    under the relevant securities guidelines.
    This Corporate News is neither an offer to sell registered bearer shares
    nor a request to submit an offer to buy the registered shares; it is merely
    for information purposes.



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    13.10.2015 Dissemination of a Corporate News, transmitted by DGAP - a
    service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

    The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de

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    Language: English
    Company: bmp Holding AG
    Schlüterstraße 38
    10629 Berlin
    Germany
    Phone: +49 (0)30 20 305-0
    Fax: +49 (0)30 20 305-555
    E-mail: ir@bmp.com
    Internet: www.bmp-holding.de
    ISIN: DE0003304200
    WKN: 330420
    Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
    Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
    Stuttgart; Warschau


    End of News DGAP News Service
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    402091 13.10.2015




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