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American company that manufactures mattresses
Tempur Sealy International, Inc. is an American manufacturer of mattresses and bedding products.
The company was formed when Tempur-Pedic International, a manufacturer of memory foam mattresses acquired its biggest competitor Sealy Corporation in 2012.[2][3] It is based in Lexington, Kentucky.
In May 2023 Temper Sealy sought to acquire mattress retailer Mattress Firm for a reported $4 billion. However, in July 2024 the deal was blocked by the FTC due to concerns about its impact on competition in the space.[4]
See also
References
- ^ a b c d e f "Tempur Sealy International, Inc. 2021 Annual Report Results". February 22, 2022. Retrieved November 3, 2022.
- ^ Abram Brown. "Going To The Mattresses: Tempur-Pedic Buys Sealy To Fight Rivals". Forbes. Retrieved 27 September 2012.
- ^ Rob Wile. "Tempur-Pedic Is Buying Sealy". Business Insider. Retrieved 27 September 2012.
- ^ Maruf, Ramishah (2024-07-02). "FTC unanimously moves to block $4 billion merger of mattress giants | CNN Business". CNN. Retrieved 2024-07-05.
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