Eve Sleep sold to Bensons for Beds after confirming administration:
The appointment of the administrators follows the announcement of a formal sale process in ...
business-live.co.uk/retail-consumer/eve-sleep-sold-bensons-beds-25285339
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Bensons for Beds acquires Eve Sleep brandThe sleep brand operating in Britain, Ireland and France moved to Bensons for Beds after entering administration.
Key FactsOct 17, 2022 · Reading time: ~45 sec.
Summary created with AI assistance · Source: business-live.co.uk
Summary created with AI assistance · Source: business-live.co.uk
- On 17 October, Eve Sleep appointed Kroll’s Matt Ingram and Jimmy Saunders as administrators.
- Bensons for Beds took over Eve Sleep’s brand and website on 17 October.
- According to Kroll, the formal sale process launched in June ended unsuccessfully despite indicative offers.
- Eve Sleep said the outcome for creditors is unknown, while no shareholder payment is expected.
It is heartbreaking to have to acknowledge that the best way to preserve value for creditors, those partners and suppliers that have helped us on this journey, is to now terminate the formal sale process and appoint administrators.— Cheryl Calverley, chief executive of Eve Sleep, said as the company announced it was terminating the formal sale process and appointing administrators.
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