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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.
In 1998 Sealy announced that it was moving from Cleveland to the High Point, North Carolina area. Bain Capital and a team of Sealy's senior executives acquired the company in 1997. In 2004, the company was acquired by Kohlberg Kravis Roberts and a team of Sealy management. The deal was valued at $1.5 billion but included significant debt. [4]
Tempur-Pedic International, Inc., now part of Tempur Sealy International, is a manufacturer and distributor of mattresses and pillows made from viscoelastic foam. The company is headquartered on the Coldstream Research Campus in Lexington, Kentucky and has manufacturing plants in Duffield, Virginia and Albuquerque, New Mexico. [1] [2]
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For many years, the company’s flagship brand, Sealy Posturepedic, has been the number one selling premium bedding brand in Australia. Growth in Asia Sealy of Australia in partnership with Sealy Inc. (now Tempur Sealy International Inc.). expanded overseas in 2001, now selling Sealy products in Hong Kong, Singapore, Taiwan, Malaysia, Korea ...
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