Announced
Completed
Synopsis
Tempur Sealy, an American manufacturer of mattresses and bedding products, completed the acquisition of Dreams, a specialty bed retailer in the United Kingdom, from Sun Capital Partners, a private equity firm, for $475m. "Dreams has created a strong retailer brand and business model, known for its outstanding products and customer service. We have worked with Dreams for many years and they are one of the most talented retailers we service. They have consistently demonstrated best-in-class web marketing, customer service and sales capabilities. This acquisition better positions both organizations to service customers and bring innovative products to market. We look forward to welcoming the entire Dreams organization to the Tempur Sealy family," Scott Thompson, Tempur Sealy Chairman and CEO.
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