Home Furnishings & Furniture M&A » By The Online Investor Staff, updated Wed., Jul. 6, 8:24 AM
Recent mergers and acquisitions in the Home Furnishings & Furniture M&A category.
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Slide #10. Tempur-Pedic — Sealy
Acquirer:
Tempur-Pedic (TPX)
Acquiree:
Sealy (ZZ)
Details:
Tempur-Pedic International Inc. ("Tempur-Pedic" or the "Company") (NYSE: TPX), a leading manufacturer, marketer and distributor of premium mattresses and pillows worldwide, has completed its previously announced acquisition of Sealy Corporation ("Sealy") (NYSE: ZZ). The Company also announced that it intends to change its corporate name to Tempur Sealy International, Inc.
Tempur Sealy International is engaged in designing, manufacturing and distributing bedding products. Co. has an offering of products that appeal to a range of consumers, some of which are covered by one or more patents and/or patent applications. Co.'s portfolio of product brands includes Tempur®, Tempur-Pedic®, Sealy® featuring Posturepedic® Technology, Stearns & Foster® and Comfort Revolution®. Co. operates in two segments: North America and International. These segments are business units that are managed separately based on geography.
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Tempur Sealy International is engaged in designing, manufacturing and distributing bedding products. Co. has an offering of products that appeal to a range of consumers, some of which are covered by one or more patents and/or patent applications. Co.'s portfolio of product brands includes Tempur®, Tempur-Pedic®, Sealy® featuring Posturepedic® Technology, Stearns & Foster® and Comfort Revolution®. Co. operates in two segments: North America and International. These segments are business units that are managed separately based on geography.
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Open the ZZ Page at The Online Investor »
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