Tempur Sealy International
(Redirected fromTempur Sealy)
 | This articlerelies largely or entirely on asingle source.(January 2020) |
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| Company type | Public |
|---|---|
| NYSE:TPX S&P 400 Component | |
| Industry | Furnishings |
| Founded | 2012 (merger ofSealy CorporationintoTempur-Pedic) |
| Headquarters | , |
Key people | Scott L. Thompson (Chairman,President andCEO) |
| Products | Bedding |
| Brands | Sealy Posturepedic Tempur Tempur-Pedic Stearns & Foster Bassett |
| Revenue |  US$4.930 billion(FY 2021)[1] |
| US$912.3 million(FY 2021)[1] | |
| US$624.5 million(FY 2021)[1] | |
| Total assets | US$4.323 billion(FY 2021)[1] |
| Total equity |  US$285.8 million(FY 2021)[1] |
Number of employees | 12,000(As of Dec. 31, 2021)[1] |
| Subsidiaries | Sealy Corporation Tempur-Pedic Dreams |
| Website | www.tempursealy.com |
Tempur Sealy International, Inc.is an American manufacturer ofmattressesand bedding products.
The company was formed whenTempur-Pedic International,a manufacturer ofmemory foammattresses acquired its biggest competitorSealy Corporationin 2012.[2][3]It is based inLexington, Kentucky.
In May 2023 Temper Sealy sought to acquire mattress retailerMattress Firmfor a reported $4 billion. However, in July 2024 the deal was blocked by the FTC due to concerns about it's impact on competition in the space.[4]
See also
[edit]References
[edit]- ^abcdef"Tempur Sealy International, Inc. 2021 Annual Report Results".February 22, 2022.RetrievedNovember 3,2022.
- ^Abram Brown."Going To The Mattresses: Tempur-Pedic Buys Sealy To Fight Rivals".Forbes.Retrieved27 September2012.
- ^Rob Wile."Tempur-Pedic Is Buying Sealy".Business Insider.Retrieved27 September2012.
- ^Maruf, Ramishah (2024-07-02)."FTC unanimously moves to block $4 billion merger of mattress giants | CNN Business".CNN.Retrieved2024-07-05.
External links
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