mutares AG acquires LeBed SAS

mutares AG, Munich, acquires all assets and takes over all employees of the French company LeBed SAS from the Recticel Group (Brussels, Belgium), effective July 1st. LeBed designs, manufactures and distributes slatted frames for beds in Western Europe. The company occupies 67 employees at its Masevaux plant near Mulhouse, France. With this transaction the Recticel Group intends to strengthen the focus on its core business.

The company offers a wide range of proprietary designs that are sold primarily through the major retail and supermarket chains in France. Robin Laik, founder and member of the executive board of mutares, says: “Given its well trained team and its efficient production processes, LeBed has a great potential. Through further expansion of the sales team we intend to develop LeBed into a market leader in France. We are excited about the successful conclusion of this transaction with the Recticel Group.”