In a separate statement, Tempur Sealy said it has entered into a term loan agreement for $1.6 billion to help fund its cash-and-stock deal to acquire Mattress Firm. Upon the closing of the ...

Tempur Sealy had announced the cash-and-stock deal in May 2023, seeking to add Mattress Firm's more than 2,300 brick-and-mortar store locations ... coming months and closing late this year ...

Tempur Sealy International is rebranding to Somnigroup International after closing its $5 billion acquisition of Mattress Firm Group. The world’s largest mattress supplier and manufacturer said ...

The new holding company's portfolio includes some of the most highly recognized brands.