The world's largest bedding manufacturer, Tempur Sealy, announced Tuesday that it is buying Mattress Firm in a deal valued at about $4 billion.Founded in 1986, Mattress Firm is the ...
The world's largest bedding manufacturer, Tempur Sealy, announced Tuesday that it is buying Mattress Firm in a deal valued at about $4 billion.
Together, Tempur Sealy and Mattress Firm's combined global footprint will include roughly 3,000 retail stores, 30 e-commerce platforms, 71 manufacturing facilities, and four research and development facilities worldwide. The companies will also combine forces, building a global workforce of more than 21,000 employees.
Mattress Firm president and CEO John Eck added that the merger will increase both companies' ability to"better address consumers’ needs and drive growth."
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