Connect with us

Hi, what are you looking for?


Tempur Sealy is buying Mattress Firm for $4 billion

Tempur Sealy, the world’s largest bedding provider, has announced its acquisition of Mattress Firm for a whopping $4 billion. This move is set to create a new giant in the mattress industry, with a combined revenue of over $8 billion.

Mattress Firm, the largest specialty mattress retailer in the United States, has been struggling in recent years due to increased competition from online retailers and a shift in consumer preferences towards bed-in-a-box brands. The company filed for bankruptcy in 2018 and was subsequently acquired by Steinhoff International Holdings.

Tempur Sealy, on the other hand, has been thriving in the market, with its Tempur-Pedic and Sealy brands being some of the most recognized and trusted names in the industry. The company has been expanding its product offerings and distribution channels, including partnerships with major retailers like Costco and Amazon.

The acquisition of Mattress Firm will give Tempur Sealy access to the retailer’s extensive network of over 2,500 stores across the United States, as well as its online platform. This will allow the company to further expand its reach and increase its market share.

The deal is expected to close in the third quarter of 2021, pending regulatory approval. Tempur Sealy has stated that it plans to maintain the Mattress Firm brand and its current management team.

This acquisition is a significant move in the mattress industry and is set to shake up the market. With the combined resources and expertise of Tempur Sealy and Mattress Firm, the new entity is poised to become a dominant force in the industry for years to come.

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    As the United States continues to grapple with the ongoing immigration crisis, the House and Senate have found themselves at odds over how to...

    Latest News

    As the world continues to grapple with the COVID-19 pandemic, the global economy is facing unprecedented challenges. In the United States, President Joe Biden...


    American Airlines stock could double from here, according to JPMorgan. The investment bank has upgraded the airline’s stock to “overweight” and set a price...

    Latest News

    Debt anxiety has been a major concern for many Americans, especially during the pandemic. However, recent developments on Capitol Hill have brought some relief...

    Disclaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2020-2024 The Daily Launch. All Rights Reserved.