Announced
Completed
Financials
Tags
E-commerce
e-commerce
Friendly
Canada
sleep products
Acquisition
Domestic
Majority
Private
Completed
Single Bidder
Synopsis
Sleep Country, a Canadian mattress retailer, completed the acquisition of the Canadian operations of Casper Sleep, an e-commerce company, for $20m. "We are thrilled with the acquisition of 100% of Casper's Canadian business and to add this fantastic brand to our line-up of other leading sleep brands. We look forward to a seamless transition, continuing to build the Casper brand in Canada, executing on their long-term strategic growth plan and making the newest member of our family of brands more accessible to all Canadians," Stewart Schaefer, Sleep Country President and CEO.
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