Group 1 - The company, Shengnuo Group, has entered into a subscription agreement to acquire additional shares in M DK Holdings ApS, increasing its stake from 45% to 55% [1][3] - The total consideration for the acquisition is €5 million, equivalent to approximately HKD 45.9 million, with the subscription price set at about €247.5 per share [1] - The target group primarily engages in the research, design, procurement, trade, and quality assurance of sleep products, furniture, and home decor, focusing on markets in Denmark, the EU, and the US [2][3] Group 2 - The acquisition is expected to enhance the existing business relationship and create operational synergies, thereby consolidating long-term strategic cooperation and expanding the customer base [3] - By obtaining controlling interest, the company anticipates streamlining decision-making processes and improving tailored service offerings for the target group [3] - The target group plans to expand its business into the US market by the end of 2024, which represents a significant growth opportunity beyond its previous focus on the European market [3]
盛诺集团(01418.HK)拟500万欧元加码控股M DK Holdings ApS 加速欧美睡眠家居市场布局