Hilding Anders launches transformation programme to build a stronger and more sustainable group – applies for company reorganisation of the Swedish parent companies
Hilding Anders today announced a transformation programme aimed at strengthening the Group's long-term competitiveness, safeguarding operations, and creating a more sustainable financial and operational structure. As part of this process, Hilding Anders International AB, the Group's Swedish parent company, and the holding companies, Hilding Anders Financing AB and New Hilding Anders Services AB, have filed for company reorganisation with Malmö District Court. Pan European operations will continue throughout the reorganisation process with the support of all relevant stakeholders and led by its new management team.
Hilding Anders has a long heritage, strong brands and a healthy core business. Founded in 1939, the Group today operates in more than 40 countries, has 18 production facilities and employs close to 3,500 people. Net sales in 2025 amounted to approximately EUR 532 million.
To ensure continued operational stability, the Board has concluded that reorganising the Group's financial base, with the support of all relevant stakeholders, is a right step to support the ongoing transformation and further strengthen the Group's capital structure. The aim is to create a more profitable, efficient and competitive Group.
In taking this step the Group has the full support of its senior lenders who have committed to provide additional financing to the Group throughout the reorganisation process. The filings only relate to the Group’s holding companies and will not affect day to day operations.
“This is a necessary decision. We have a strong core, excellent brands, highly skilled employees, long-standing customer relationships, trusted supplier relationships and a business with significant potential. However, the parent company has for some time carried a financial and structural burden that is no longer sustainable. Through this process, we are pro-actively taking control of the situation, protecting the business and creating the financial conditions for a stronger Hilding Anders going forward in the fastest possible time and with the best achievable outcome for our company, our people, our partners and our customers”, says Thomas Pinnau, Group CEO, Hilding Anders International AB.
Alongside the Swedish reorganisation, Hilding Anders has initiated a broader transformation programme. The Group has identified opportunities to improve its organisational structure, strengthen its manufacturing footprint and supplier network, and sharpen its focus on profitable customer relationships, proprietary brands, and future growth areas. The ambition is to establish a more efficient operating model and create a stronger platform for sustainable growth in the years ahead.
“We are embracing our challenges pro-actively. We are addressing them openly, responsibly, and in a structured manner. Our ambition is to emerge as a more focused, competitive, and financially sustainable Group. We are carefully evaluating all available options and will communicate next steps as decisions are made”, says Thomas Pinnau, Group CEO, Hilding Anders International AB.
For further information, contact:
Peter Sturm
Group Chief People Officer
Hilding Anders International AB
About Hilding Anders
Hilding Anders is one of Europe's leading bed and mattress companies, with roots in Bjärnum, Sweden, where the company was founded in 1939. Today, the Group operates in more than 40 countries and owns a portfolio of well-known brands, including Jensen, Carpe Diem Beds, Bico and Slumberland.