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In 2012, Simmons and its sister company Serta International were acquired by American private equity company Advent International. [3] As of 2022, Simmons is a subsidiary of the American company Serta Simmons Bedding, LLC of Doraville, Georgia. [4] On January 23, 2023, Serta Simmons Bedding filed for Chapter 11 bankruptcy. [5]
Knabusch and Shoemaker then upholstered their innovation and marketed it as a year-round chair. The chair was a success; they held a contest to name it—La-Z-Boy was the winner. [3] In 1969, after years primarily as a manufacturer of recliners, La-Z-Boy started designing other products including reclining sofas, sleep sofas and modular groups.
In 2003, Fenway Partners sold Sleep Country USA to the Atlanta-based Simmons Company, [19] and in August 2006, Sleep Train Inc. purchased the then-55-store mattress chain from Simmons. [ 21 ] In September 2011, Sleep Train acquired Christian's Mattress Xpress, converting three stores into new Sleep Train stores in Visalia , Fresno and Fowler ...
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In 1985, Gulf and Western Consumer and Industrial Products Group – consisting of A.P.S. auto parts, Kayser-Roth clothing and Simmons bedding – was sold to the Wickes Companies. [78] Also that year, it sold its Columbus Circle Investors unit (which acted as the asset manager for the company's pension and employee benefit plans) to Thomson ...
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