Thanks for visiting The use of software that blocks ads hinders our ability to serve you the content you came here to enjoy We ask that you consider turning off your ad blocker so we can deliver you the best experience possible while you are here Faced with a must-win playoff doubleheader Saturday the La Grange baseball team kept their season alive with a gutsy mix of timely hitting and stellar pitching After losing the first game of their best-of-three baseball playoff series 8-5 to Sealy Thursday the La Grange baseball team needed to win both their games Saturday in Weimar against the Tigers The Leps held off Sealy 13-9 in Saturday’s first game to even the series and then prevailed 2-0 in the nightcap to clinch the bi-district title and vault La Grange (14-12) into an area round matchup with Burnet later this week Thursday the Leps rallied to force extra innings thanks to an RBI single by Bradyn Prasek in the bottom of the seventh but they lost to the Tigers 8-5 in eight innings In Game 2 Saturday afternoon the Leps were down 8-2 at one point but won the slugfest as Hunter Sabo had four hits Tristan Ulrich and Eli Gillum all had three hits for the Leps Prasek pitched four innings of relief allowing just one hit and one run Game 3 couldn’t have been more different as the Leps won a pitchers’ duel 2-0 Sealy’s Landen Sodolak pitched a complete game fourhitter but he was outdueled La Grange’s Braxton Dahse threw 5.2 innings of two-hit scoreless ball before Prasek closed out the game with 1.1 innings of scoreless relief Dalton Janacek had two of the Leps four hits Lamza and Holdyn Cooper had the other hits Cooper and Gillum scored the Leps’ two runs one coming in the third and one in the fifth Read The Fayette County Record Copyright © 2025 The Fayette County Record How to watch Texas high school baseball: Sealy vs Sealy High School will host La Grange High School How to watch La Grange vs. Sealy baseballLa Grange and Sealy will hit the diamond on Friday, May 2, at 1:45 p.m. CT. Don't miss out on any of the action with NFHS Network The NFHS Network gives you access to live high school sports around the country Follow your favorite team and never miss a game Want to track your alma mater, local team or family member's school throughout the playoffs? NFHS Network has high school baseball streaming live plus on-demand replays and highlights of all the action from thousands of schools across America Watch Sealy vs. La Grange on NFHS Network! All NFHS Network events are available to watch online at NFHS Network and through the NFHS Network Mobile Apps for iOS and Android and TV Apps for ROKU With the new Sealy Posturepedic® collection the experts at Sealy® are building on 75 years of expertise to deliver superior support for a great night's sleep LEXINGTON, Ky., Jan. 27, 2025 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX the company synonymous with innovation in the mattress industry today announced their all-new Sealy Posturepedic® collection The collection is comprised of four levels—Sealy Posturepedic and Sealy Posturepedic Elite—with a wide range of quality products from entry-level to premium price points Building on a 75-year legacy of superior support every new Sealy Posturepedic mattress will include PrecisionFit™ Coils patent-pending coils adapt to a person's unique size and shape to help maintain natural alignment so customers can say "so long" to nagging Bed Aches™.  "Our team has created something impressive with this PrecisionFit Coil Their dedication to innovation truly differentiates Sealy Posturepedic from the competition and it gives our customers the long-lasting support they need for a great night's sleep," says Scott Thompson "We are committed to continuing our investment in Sealy to further cement its status as America's #1 mattress brand." the new Sealy Posturepedic collection offers other advanced features: including state-of-the-art robotics that simulate multiple years of use and a 500-mile shipping & handling test that ensures mattresses arrive in perfect condition Sealy also includes a 10-year warranty on every Sealy Posturepedic mattress they manufacture *Based on TraQline consumer survey for 12 months ending 12/31/23 *Compared to standard MoistureProtect™ treatment on Posturepedic Plus Inc.Tempur Sealy is committed to improving the sleep of more people distributor and retailer of bedding products worldwide we know how crucial a good night of sleep is to overall health and wellness Utilizing over a century of knowledge and industry-leading innovation we deliver award-winning products that provide breakthrough sleep solutions to consumers in over 100 countries Our highly recognized brands include Tempur-Pedic® Sealy® and Stearns & Foster® and our popular non-branded offerings consist of value-focused private label and OEM products At Tempur Sealy we understand the importance of meeting our customers wherever and however they want to shop and have developed a powerful omni-channel retail strategy Our products allow for complementary merchandising strategies and are sold through third-party retailers our 750+ Company-owned stores worldwide and our e-commerce channels.  With the range of our offerings and variety of purchasing options we are dedicated to continuing to turn our mission to improve the sleep of more people we are committed to carrying out our global responsibility to protect the environment and the communities in which we operate we have established the goal of achieving carbon neutrality for our global wholly owned operations by 2040 Public Relations Contact Erin GrantTempur Sealy International, Inc.800-805-3635[email protected] Investor Relations ContactAubrey MooreInvestor RelationsTempur Sealy International, Inc.[email protected] "Company" or "Tempur Sealy") today announced management changes at Mattress Firm "Company" or "Tempur Sealy") today announced that it has completed its previously announced acquisition.. Retail Furniture and Furnishings Household, Consumer & Cosmetics Household Products Do not sell or share my personal information: It is with deep sorrow and a profound sense of loss that we announce the passing of our beloved father who left this world peacefully on March 23 Donald Wayne Sealy was a man of unwavering commitment showing them the love and care that only a father could give His dedication to his family knew no bounds and he was always there providing guidance Donald Wayne Sealy was a pillar of strength and devotion His partnership with Julie Sealy was one built on love they weathered life’s challenges and celebrated its joys Their bond was an inspiration to all who knew them Donald Wayne Sealy never missed a day of work His work ethic was unmatched and he was a source of reliability and dedication to all who worked with him He believed in the value of hard work and the importance of responsibility which are qualities that he passed on to his children and to those who had the privilege of knowing him his legacy will live on through his children Donald Wayne Sealy is survived by his loving wife and Hanna Sealy; and a host of family and friends who will forever remember his kindness He will be deeply missed but never forgotten and website in this browser for the next time I comment Beaumont - McFaddin Ave. Beaumont - Major Dr. Nederland ©Broussard's Mortuary 2017-2025 Built By Americom Marketing The decision rejects the FTC’s case in most respects and illustrates the government’s difficulty in winning litigated vertical merger challenges. The court rejected the FTC’s “premium” mattress market, defined by a specific price point, given evidence that mattresses are priced on a spectrum and competition occurs across that spectrum. Although the court found the merged firm would have the incentive and ability to foreclose competitors, it concluded the deal would not substantially lessen competition based on the limited degree of potential foreclosure and that the parties’ remedies eliminated any lingering concerns. The court broadly disagreed and denied the FTC’s motion on several grounds, finding at a threshold level that the FTC failed to prove its affirmative case that the transaction would substantially lessen competition. Although the court found that the FTC proved defendants would have the ability and incentive to foreclose rivals (under both the independent ability and incentive test and the Brown Shoe vertical merger factors), it nonetheless found that any such foreclosure would not be substantial or cause anticompetitive effects for three central reasons.  Notably, the court said that the appropriate place in merger analysis to consider defendants’ remedies was in the rebuttal phase (rather than require the FTC to prove its prima facie case considering the remedies), and that the proper standard was whether the remedies prevent the merger from substantially lessening competition (rather than require remedies to eliminate all competitive harm). Different courts have reached different conclusions on these issues. Luke Taeschler bHRhZXNjaGxlckBjcm93ZWxsLmNvbSA= Alexis J. Gilman YWdpbG1hbkBjcm93ZWxsLmNvbQ== Shawn R. Johnson c3Jqb2huc29uQGNyb3dlbGwuY29t Lauren T. Fleming bGZsZW1pbmdAY3Jvd2VsbC5jb20= DoD Releases IP Guidebook the Department of Defense announced the release of the long-anticipated 81-page Intellectual Property Guidebook for DoD Acquisition which is aimed primarily at assisting acquisition professionals to develop and manage IP strategies that support functional area requirements and objectives across program life cycles The Guidebook also provides guidance on the implementation of IP laws and regulations describes operational challenges related to IP Crowell will provide more details regarding the Guidebook and its potential impacts in the coming days... Investigation Risk Proliferates for Inflation Reduction Act and Infrastructure Investment and Jobs Act Funding Recipients Is Your 501(c)(3) Audit-Ready? Key Developments in AI and Digital Health Signal Growing Federal Activity (Q1 2025) View All Insights Subscribe Now Attorney Advertising — Prior results do not guarantee a similar outcome A cooling mattress that also soothes my aching back The Sealy Posturepedic Elevate Gel Cool Mattress significantly eased my back pain and made sitting in bed far more comfortable Its cooling tech noticeably improved breathability compared to my old mattress though it didn’t completely prevent night sweats or insomnia Comfortable and supportive enough for extended periods in bed — ideal for working Top layer feels cool and refreshing; suitable for wearing layers like hoodies and joggers without overheating Remains comfortable with multiple people in bed; doesn't cause overheating during snuggles or shared use Balanced firmness with supportive bounce; offers targeted pressure relief One of the pricier cooling models; starts at over £1,500 for a single size Shorter mattress guarantee compared to other premium brands (under 10 years) Limited returns window when purchased from Sealy (e.g May not suit those who prefer a very firm feel Made with technical materials rather than natural fibres Does not eliminate all hot flushes or insomnia I daydreamed extensively about the Sealy Posturepedic Elevate Gel Cool Mattress in the days ahead of its arrival entertaining round-the-clock fantasies of floating to sleep on a cloud-like mattress which breathed cool air on me long into the night Considering I’m temporarily living with my in-laws sharing a smaller-sized bed with my husband than we’re used to and waging daily battles against night sweats excruciating back pain and general body soreness it’s no surprise I was starting to feel like a fairytale character – and not one of the ones who gets to sleep peacefully for months on end More like constant Princess-and-the-Pea-style aches meet Goldilocks tossing-and-turning – nothing felt right in bed when it came to my body temperature or getting my back and hips into a comfortable position As part of the brand’s trusted Posturepedic range, the Sealy Posturepedic Elevate Gel Cool Mattress is more likely to be described as the “best orthopaedic mattress” on the market but this model is hoping to rank as “best cooling mattress” too The Sealy Posturepedic Elevate Gel Cool Mattress is kitted out with the technology required to make it a best cooling mattress: things like a gel-infused comfort layer which promotes air circulation and Senslce an advanced cooling technology that promises to lower your body’s temperature It also ensures optimal body positioning and looks after your back as you sleep thanks to a patented AlignSupport® coil system and ComfortCore™ pressure relief topped with a double layer of Sealy medium foam The overall effect is something fit for a fairytale: not too firm It’s as inviting to climb into come evenings as it is to type away on my laptop or curl up with my latest library find earlier in the day 39% polyethylene; Under panel - 70% polypropylene medium foam and gel-infused comfort layers medium-firm; no alternatives for this particular model free two-man delivery; additional cost to have old mattress removed It took two weeks from ordering the mattress to finding an available delivery window – both an irritation and a source of comfort for the consumer I desperately wanted to stop sleeping on a mattress that felt like it was stabbing hot spikes into my back all night and would have me waking more exhausted than I’d been before going to sleep I felt it was encouraging that so many others were ordering Sealy Posturepedics Especially since this particular model mattress didn’t seem to have many reviews online – yet I was surprised to discover there was no trial period for this mattress when you ordered from Sealy Two weeks is the expert-recommended time-frame to understand how well a mattress will work for your sleep needs and the time-frame used in most scientific sleep studies I would have benefitted from longer than 14 days to make a commitment on a four-figure piece of kit Especially because my first two weeks with the Sealy resembled a joyful Disney movie montage while my bad nights (issues falling asleep sweaty wakeups in the middle of the night) I have no doubt about its durability and ability to last that long but it is a shorter warranty period than other comparable mattress brands The mattress arrived wrapped in a single plastic sheet and the two-man delivery team got it down the stairs and into my temporary bedroom and on the bed frame at my in-laws within about five minutes The downside that had me pulling the plastic wrap off within minutes They arrived smelling like 18 packs of cigarettes had been smoked between them I didn’t need them to take another mattress away since I’m hoping to remain on speaking terms with my in-laws for the rest of my life and thought it a bit rash to dispose of their mattress but I did learn they would have taken an old mattress away for an additional fee Within seconds of the mattress landing on my bed frame I collapsed onto it with a theatrical “ahhhhh” and I could swear tiny fingers were reaching up to coax my body down into its ideal position The mattress seemed completely unfazed by the exertion This mattress is leagues ahead of the competition when it comes to comfort and support: as someone who regularly visits a physio for a variety of post-ballerina-in-my-past-life injuries and currently-in-my-40s-wear-and-tear-injuries I honestly felt like this mattress was my own personal physio-at-night time from the moment I first lay down on it It’s a medium firm option – not too soft or firm and the only choice available for this model This works well for me because I hate the feeling of sinking down into a too-soft mattress (agony) but also find that too-firm choices make my hips and back ache even more This in-between option worked well when I was in bed on my own but also felt comfortable when my children snuggled in around me or when my husband was snoozing by my side The Sealy Posturepedic Elevate Gel Cool Mattress gets five-stars for support pressure relief and helping my spinal alignment as a side sleeper and I think anyone looking for additional back and postural support – no matter their age – would be thrilled to discover that a mattress can seemingly double as an at-home physio during the evening hours I was still recovering from a lower back injury and associated issues when I first slept on it back in February; I woke up that first morning feeling two inches taller and better-rested than I had been for weeks my lower back and hips felt less stiff than they had in months and I’m sure I have this mattress’s amazing technology to thank for it (in part) Things like a twice-tempered patented coil system (AlignSupport®) and BasePlank foundation technology which help distribute weight evenly as you lie back There’s also a double layer of medium foam in the middle The foam ComfortCore™ in the centre third of the mattress is designed to offer pressure relief to hips and back which need it most with deep curves and grooves to run your fingers all over All of this technology comes wrapped in polyester and polypropylene fabrics as someone who has seen carpet moths devour a gorgeous natural material trundle mattress I appreciate these materials are more hardwearing than natural fibres I do like the idea of sleeping on some natural fibres which I’ve found can be more cooling for me than man-made ones This mattress has given me many nights of blissful sleep but I’ve also had a handful of perimenopausal insomnia episodes where I haven’t been able to get any shuteye until 3 or 4 in the morning and noticed my husband’s every fidget next to me I’m confident I wouldn’t notice these movements if I hadn’t been awake to see them: I never felt myself moving around when he was and the mattress felt like a steady hand holding me too: thanks to UniCased® technology at the sides the mattress seems to have a larger surface area than a double and you don’t have the sensation you’re about to roll off at any moment Because of my hormonal issues and my tendency to get up often in the middle of the night for one reason or another I’ve been sleeping on the far left side of the bed and enjoying it (far more than sleeping closer to the wall which feels like a recipe for overheating) While it’s not uncommon for new mattresses to have an off-gassing chemical odour as compounds are released into the air that can last for several days I was too pleased to be rid of the intense cigarette smell that accompanied the delivery guys which seemed to dissipate as soon as I chucked the external plastic wrap I’ve been experiencing fairly extreme perimenopausal symptoms for the past 18 months which have improved in the last several months after hormonal intervention (Mirena coil) but continue to impact my sleep causing insomnia and waking with night sweats My body temperature regulation is becoming a more noticeable issue as I find myself layering up before bed on chilly nights and then peeling those layers off after realising they’re stuck to me and I’m sweating and lightheaded I found myself spending less and less time in bed relaxing because it was getting so uncomfortable so I loved the sound of a cooling mattress that might be able to help me temperature-regulate through the night This mattress is a huge improvement over the last one I slept on In addition to the mid-layers designed to promote air circulation and breathability an advanced cooling technology which promises to help lower your body temperature It’s also made with Allergy UK-endorsed ProShield® to maximise breathability and keep dust mites and other allergens away Cooling mattresses aren’t miracle workers and my bad hormonal nights – though fewer and farther between – were still bad groggy and uncomfortable in the middle of the night on a couple of occasions I felt more in control of my environment and body temperature which allowed me to do insanely rebellious things before bed like having the audacity to not remove my sweatshirt on chillier evenings before falling asleep the hot flushes didn’t happen on those nights but when I was in a vest top and shorts or silk PJs.) Sealy UK mattresses are handmade in England (in Cumbria) and the brand is FSC-certified and operates a “zero to landfill” policy with the brand aiming to divert all its materials away from landfills through recycling and repurposing The Sealy Posturepedic is 100% recyclable at the end of its life But given the things the Sealy Posturepedic Elevate Gel Cool Mattress does for my back and hips are probably worth £50+ an hour at physiotherapy in the long term I may very well find that this mattress has paid for itself because it is so fantastically supportive it targets my specific lower back and hip issues like it was designed for me I’ve already recommended this mattress to my in-laws (in their 70s and 80s with lower back issues) and my friends (in their 40s I don’t think my body can get away with “any old mattress” anymore and considering the improvement in my quality of life and quality of sleep after using this Sealy Posturepedic for a short time not only do I believe not all mattresses are created equally I’m convinced prioritising back health is a key midlife goal for me I also think that the cooling technology in this mattress is effective enough to provide good sleep for a majority of nights I don’t particularly aspire to life as a fairy tale character but I do want my sleep to look more like Snow White or Sleeping Beauty’s This mattress could definitely give me my sleep’s happily ever after how we test cooling mattresses is a little different to some of our other buying guides We've been working on something called 'The Tester Network' which is a special place we reach out to you I asked for readers who were suffering from night sweats because nobody else knows quite what they're like until you've battled through them These ladies are the best people to talk about cooling mattresses When I had volunteers (most of whom were experts at night sweating and writing) Jen described her back pains and sleep needs I sent her a list of questions to consider while she was sleeping and then gave her a full month to sleep on the bed and then to feedback on it but I was keen to give it a full month to get through a cycle of hormones and general craziness Jen will continue to test this mattress for us and will keep you updates on how her sleep progresses so you know everything she is saying is authentic and true Sign up to our free daily email for the latest royal and entertainment news expert advice on styling and beauty trends and no-nonsense guides to the health and wellness questions you want answered Cleary Gottlieb represented Tempur Sealy International Inc District Court for the Southern District of Texas in defeating the Federal Trade Commission’s (FTC) lawsuit seeking a preliminary injunction against Tempur Sealy’s $5 billion acquisition of Mattress Firm Group (Mattress Firm) Contrary to the FTC’s allegations that “millions of Americans would likely face higher prices and fewer choices,” the court found that the acquisition is “either neutral or procompetitive” and “in the public interest.” The Commission voted unanimously to challenge the acquisition in summer 2024 alleging that the acquisition would combine the largest mattress supplier in the world with the largest mattress retailer in the country in violation of Section 7 of the Clayton Act and Section 5 of the FTC Act The FTC argued that Tempur Sealy would be able to foreclose rival manufacturers from selling at Mattress Firm or otherwise hinder rivals’ ability to sell through the retailer and this would substantially lessen competition The FTC also alleged that the merger would lessen innovation and cause other competitive harms trial began on November 12 and ended on November 25 with Cleary partner and lead trial counsel Ryan Shores delivering closing argument for the defendants on December 16 District Judge Charles Eskridge denied the FTC’s motion for a preliminary injunction issued on the final day of Lina Khan’s tenure at the FTC is a blow to the Biden Administration’s efforts to push back on vertical mergers the court found that the FTC failed to establish a relevant geographic market a relevant product market for “premium” mattresses retailing for at least $2,000 and that even if the FTC had established a relevant antitrust market “any potential foreclosure won’t lead to anticompetitive effects in this very competitive market.” The court’s determinations regarding the market were informed in large part by testimony from the cross examination of a witness from Sleep Number conducted by Cleary partner Blair Matthews demonstrating that $2,000 was not a widely accepted cutoff for premium mattresses and that there are many channels for mattress retail The court also found that even if there were “lingering concerns,” Tempur Sealy’s commitments to divest stores to Mattress Warehouse and to preserve a large portion of Mattress Firm’s floor for rival manufacturers were “sufficient to prevent the merger from inflicting any substantial harm to competition.” A cornerstone of the FTC’s case was testimony from Serta Simmons that the transaction was an “existential threat.” On cross examination Cleary partner Heather Nyong’o elicited testimony demonstrating that those claims contradicted statements Serta Simmons had made to a bankruptcy court predicting sales growth at Mattress Firm after the deal was announced the court concluded that Serta Simmons’ testimony about supposed harm “came with no credibility whatsoever and cannot stand as factual support for any contention by the FTC in this action.” The court also accepted the testimony by Tempur Sealy’s CEO that Serta Simmons had been unreasonable in the demands it attached to a potential post-closing supply agreement for Mattress Firm The FTC also put forth an economic model attempting to demonstrate that the transaction would result in total consumer harm of $280 million On cross examination by Cleary partner Dan Culley the FTC’s expert was forced to acknowledge that his methodology was simply to “put the numbers in the model and then just see what comes out” and that he could not otherwise explain why downward pricing pressure from elimination of double marginalization—a standard benefit of vertical mergers such as this one—did not predominate The court found that the expert’s testimony “doesn’t exactly inspire confidence that he accounted for the market and commercial realities of the situation.” Instead the court credited the defendants’ expert (also examined by Dan) who explained that once those realities were accounted for the FTC’s own model showed that rival manufacturers would have greater sales through Mattress Firm post-transaction and consumer welfare would increase by nearly $900 million The FTC declined to seek an injunction pending appeal allowing the acquisition to close on February 5 The Part 3 proceeding remains pending before FTC Administrative Law Judge Jay Himes the merging firms filed a lawsuit in the Southern District of Texas challenging the constitutionality of that administrative proceeding A federal court in January denied antitrust regulators’ latest move against the deal which creates a conglomerate of three decentralized business units and the largest bedding company in the world Tempur Sealy has closed on its $5 billion acquisition of bedding retail chain Mattress Firm The transaction was funded by about $2.7 billion in cash on hand plus proceeds from existing borrowings and 34.2 million shares of common stock Effective Feb. 18, the company will change its name to Somnigroup International and run Tempur Sealy Dreams and Mattress Firm as decentralized business units In the second quarter, the company expects to complete a divestiture of 73 Mattress Firm stores and the chain’s Sleep Outfitters subsidiary Tempur Sealy agreed to the sale in September to assuage antitrust concerns This deal, first announced in 2023 has culminated more or less when Tempur Sealy executives said it would: The company last year said it expected to wrap it up in late 2024 or early 2025 Mattress Firm and Dreams will continue to operate as multibranded retailers while Tempur Sealy will continue to manufacture bedding for third-party retailers as well as Mattress Firm Dreams and its own direct-to-consumer channel “We're glad to finish — finally finish — and move forward on this transaction and capitalize on the incredible opportunities this .. combination creates,” CEO Scott Thompson told analysts Thursday morning “We are now the world's largest bedding company while also owning a portfolio of the most highly recognized brands in the industry.” even as the business units operate independently The combination brings the largest mattress retail operation in the U.S into what had been “a pure manufacturer,” making it more competitive bringing it closer to the consumer and creating more opportunity for innovation The activity at the FTC precluded Tempur Sealy executives from seeing details like Mattress Firm’s store- or brand-level performance but “there are some stores that need to be refreshed to make sure that we provide our customers and our employees a working environment that is fresh Mattress Firm’s bankruptcy a few years ago, when it shrank its footprint, means the retailer is stronger now, and has taken share at a time when the category has been challenged, he also said.  “If you look at the market, some of the retail competitors of Mattress Firm, some large, some small ... have not made it through this downturn,” he said. “That also should be a positive for Mattress Firm going forward as the market normalizes.” In pro forma terms, in 2024, the company generated about $8 billion in sales, net of intercompany sales, with 85% in North America and 15% elsewhere, per its Wednesday release. About 65% of sales were through direct-to-consumer channels and 35% from third-party retailers. Get the free daily newsletter read by industry experts Since December, retailers including Party City, The Container Store and Joann have all filed for Chapter 11. Beyond Inc. agreed to buy the global rights to the BuyBuy Baby brand and Reebok’s U.S. operations were sold. Subscribe to Retail Dive for top news, trends & analysis The free newsletter covering the top industry headlines Marianne Wilson is Editor-in-Chief of Chain Store Age. With three decades of experience at CSA, she is one of the most knowledgeable and experienced editors in the retail industry. Over the years, she has been quoted in publications nationwide for her insights on retail, and has also served as a speaker and moderator at major retailing events and conferences in the U.S. and abroad. Marianne leads the CSA editorial team, overseeing content development across the brand’s digital and print channels. She is also instrumental in the planning and execution of CSA’s annual Breakout Retailer Awards and Retail’s Top Women Awards. A graduate of Boston University, Marianne loves to travel and seek out new retail wherever she goes. Prior to CSA, she was an editor at Hearst Publications. The nation’s largest mattress specialty retailer has a new owner Tempur Sealy International has completed its acquisition of Mattress Firm Group Inc The total purchase price was approximately $5 billion which is about $1 billion more then when the deal was first announced The move follows the ruling from the United States District Court for the Southern District of Texas denying the motion by the Federal Trade Commission to block the deal.  Tempur Sealy said it will change its name to Somnigroup International Inc. at which time its common stock will trade on the NYSE under ticker symbol "SGI" The name Somnigroup is derived from the Latin somn meaning sleep and "group" to represent the company's omni-channel strategy according to Tempur Sealy CEO and chairman Scott Thompson Dreams and Tempur Sealy will operate as decentralized business units under Somnigroup International Mattress Firm and Dreams will continue to operate as multi-branded retailers will continue to serve third-party retailers as well as Mattress Firm Dreams and Tempur Sealy direct-to-consumer channels the world’s largest mattress supplier and manufacturer.  Tempur Sealy said it expects to complete its previously announced divestiture of 73 Mattress Firm stores and the company's Sleep Outfitters subsidiary which includes 103 specialty mattress retail locations and seven distribution centers to MW SO Holdings Company  ("Mattress Warehouse") in the second quarter of 2025.  "The addition of Mattress Firm will unlock incremental benefits for all stakeholders by accelerating our U.S "This transaction creates a leading global bedding company with extensive manufacturing capabilities and a broader U.S Mattress Firm operates more than 2,300 stores in addition to an e-commerce site Tempur Sealy’s brands include Tempur-Pedic along with non-branded offerings consisting of private label and OEM products The company’s products are sold through its 700-plus stores and e-commerce channels as well as third-party retailers With the closing of the sale and the divestiture Tempur Sealy expects to operate over 2,800 retail locations worldwide and anticipates that half of its North American sales will come from the Mattress Firm operations Tempur Sealy and Mattress Firm's combined global footprint would include 71 manufacturing facilities and four state-of-the-art R&D facilities worldwide.  Cleary Gottlieb Steen & Hamilton LLP and Beck Redden LLP served as legal counsel and J.P Morgan Securities LLC served as sole financial advisor to the company.  Simpson Thacher & Bartlett LLP served as legal counsel and Goldman Sachs & Co and Jefferies LLC served as financial advisors to Mattress Firm CF Montréal have signed defender Dante Sealy to a two-year contract through 2026 with an option for 2027 The 21-year-old US youth international was out of contract after spending five seasons (2020-24) as an FC Dallas homegrown player Sealy produced 2g/1a in 42 appearances across all competitions Sealy has also played on loan at the reserve side of Eredivisie powerhouse PSV Eindhoven tallying 6g/1a in 54 matches with Jong PSV "We are delighted to add Dante to the team," said Montréal president and CEO Gabriel Gervais "He is a dynamic player who brings speed and volume to the left flank Developed in different environments in North America and Europe he has room to progress and the potential of reaching new heights." Montréal open their 2025 campaign on Feb. 22 with a road matchup at Atlanta United (7:30 pm ET | MLS Season Pass) READ MORE: MLS Transfer Tracker presented by Avant Share on FacebookShare on X (formerly Twitter)Share on PinterestShare on LinkedInATLANTA (Atlanta News First) - A metro Atlanta woman has filed a lawsuit against the world’s largest mattress manufacturer after her fiance died inside one of the company’s trailers Jasmine Jennings' suit accuses Tempur Sealy International and several affiliated groups of negligence in the death of 27-year-old Joshua Armour She is represented by the Atlanta-based Sinton Scott Minock & Kerew Law Firm and the Kenneth S who was suffering from a mental health crisis he called his brother and said he was in a dark Armour’s family tracked him to a Sealy mattress facility in Conyers off Industrial Boulevard But a representative allegedly refused to let them in and wouldn’t search the property It’s unclear what role law enforcement played in searching for Armour Armour’s phone battery died and his family lost contact with him Security video showed an unknown person getting into the facility so the company told its employees to lock the doors to all its mattress storage trailers — one of which Armour was in He was found dead inside the trailer six days later during what the family’s attorneys call a routine check Attorney Kate Reddy said the tragedy could have been avoided “This is a case about how one corporation’s choices have led to an entirely preventable tragedy that has left Joshua’s family torn apart,” she said “They had every opportunity to save Joshua’s life It’s about their choice to ignore the pleas of their family.” look out for their own bottom line,” Attorney Mark Johnson added but he was trying so hard to be the best person he could be She said she wants justice and for no other family to experience what they are going through “I myself don’t understand how this could happen How such carelessness could be taken in this situation I just want answers so I can get justice for Joshua’s family and so this can never happen again,” Jennings said Tempur Sealy International said it was “saddened by this tragic incident.” “Our deepest sympathies are with the victim’s family and loved ones We have been conducting a thorough investigation to understand all the facts and circumstances surrounding this incident and have fully cooperated with local authorities,” the statement read we are unable to provide further details or comment at this time.” Check back with Atlanta News First as we learn more By Claudiu Tiganescu IndustrialInvestmentNewsSouthwest has purchased a 222,486-square-foot industrial property in El Paso Stonelake Capital Partners previously owned the warehouse An in-house buyer team oversaw the transaction proceedings The 1993-built facility features a tri-load configuration a clear height averaging 23 feet and 6 inches 42 loading docks and 71 trailer parking spaces Flagstone Foods fully occupies the building as well as part of an adjacent manufacturing plant the warehouse is is less than 1 mile away from El Paso International Airport while the Bridge of the Americas international entry port READ ALSO: It’s Time to Reevaluate Your CRE Portfolio The building is within El Paso’s Butterfield Industrial Park—a supply-constrained submarket with a 97 percent average occupancy rate which recently underwent infrastructure improvements The company’s footprint in Greater El Paso clocks in at 776,560 square feet spread throughout eight fully leased properties Managing Director Jason Gandy and Director Davis Gibbs oversaw the transaction proceedings El Paso sees sustained industrial demand, stemming from its location along the southern border, proximity to international trade and business-friendly environment, Gandy said in prepared remarks. The nearshoring trends with Mexico also support the market The appetite for industrial space during the first three months stood above the 56-quarter trailing average with tenants seeking 2.3 million square feet However, on account of last year’s record industrial completions the vacancy rate continued its upward trajectory—albeit at a slower pace—climbing 70 basis points quarter-over-quarter to 10.2 percent in March Sealy Posturepedic has three beds to choose from the Posturepedic Hybrid and the Posturepedic Plus Hybrid Each bed offers firmness options that will be suitable for side sleepers The Sealy Posturepedic Hybrid mattress is offered in two firmness models we found the soft model to be a medium in terms of firmness we recommend looking at the firmer model or other beds offered from Sealy The Sealy Posturepedic Hybrid should last you for at least the next seven to 10 years The Sealy mattress is backed by a 10 year warranty and should at least last up to that 10 year mark With 5+ years of mattress testing experience we use our different sleeping position and body type perspectives to offer well-rounded which was one of the first beds I had tested in my tenure with reviewing mattresses Though Sealy offers a variety of mattresses we decided to keep it simple and test its flagship product This Posturepedic series was originally designed with the help from orthopedic surgeons back in the 1950s to create a mattress that provided better back support Now I don't know if this 2024 model is the same as the original but hopefully by the end of this review we will answer the question whether this bed provides good back support or provides the same amount of support as a limp noodle Watch me review the Sealy Posturepedic Hybrid mattress in this video review First impressions of the Sealy Posturepedic HybridThis bed ships to you completely free It does not come as a bed in a box but with free in-home set up and delivery which is a step above what most online brands offer This in-home set up and delivery is also referred to in the mattress world as white glove delivery Once the delivery team unboxes the mattress in your room you're free to start sleeping on it immediately I'd recommend waiting until the delivery members are out of the house before taking a quick nap The blue and gray cover was the same color as my alma mater I was about ready to get my old football jersey out to relive the "glory days," but then I remembered I was at work and was supposed to be testing this bed So I laid on the mattress and felt quite supported on the bed It was more responsive than I thought it would be and it was not as firm as I had hoped for I knew immediately that this would be accommodating for many people Dillon Payne/CNETWhat does the Sealy Posturepedic Hybrid feel like?The Sealy Posturepedic Hybrid mattress has an airy memory foam feel. This is different from most traditional memory foam mattresses. Tempur-Pedic beds will slowly sink in and cradle your body An airy memory foam feel provides those sink-in qualities but is more responsive Sealy's feel will allow people to rotate between sleeping positions more effortlessly throughout the night This is something I prefer because I tend to find myself flopping like a fish out of water when I'm sleeping Dillon Payne/CNETHow firm is the Sealy Posturepedic Hybrid mattress?The Sealy Posturepedic Hybrid mattress is offered in two different firmness options: a soft model and a firm model we found the soft model has a medium firmness A medium firmness is great for couples who have different sleeping preferences The bed will provide the support a back or stomach sleeper will be seeking out in their mattress while allowing pressure relief for side sleepers this mattress gives you the best of both worlds with its comfort and support Dillon Payne/CNETSealy Posturepedic Hybrid is a thirteen-inch mattress and has a basic four layer construction Here's what's going on inside the bed: we don't foresee anyone waking you up on the Sealy Posturepedic Hybrid if they toss and turn throughout the night While the cover is made with cool to the touch fibers, we would say the temperature on this mattress is neutral. It is not going to cool you down but it certainly won't warm you up while you're sleeping either. If you are looking for an ultra cooling option, I recommend looking at our best cooling mattress list Since the mattress is made with individually wrapped coils for the support base We often find individually wrapped coils as a support base help the longevity of the mattress over just a foam support base The reinforced perimeter will help as well The Sealy Posturepedic Hybrid mattress offers a zoned-support design, but it's not as prominent and noticeable as some other beds we have tested If you don't need an enhanced zoned-support design then here's who will benefit the most from sleeping on this mattress Dillon Payne/CNETSleeping positionAll sleeping positions will work on this mattress This is a combination sleeper's haven since the bed is responsive enough for one to change positions throughout the night Most body types will be supported by this mattress. Heavier individuals may find this bed softer which means it will be more ideal for heavy side sleepers. If you are heavier and don't prefer side sleeping, I'd recommend looking into the Helix Plus Luxe or the Big Fig mattress Sealy's retail price is still cheaper than both of those beds' discounted prices I would choose the Sealy Posturepedic Hybrid mattress as you are getting a similar feel You get a 90-night trial period to try it at home risk-free If you happen not to like it within that time frame you're backed by a 10-year limited warranty These are both hybrid beds with a similar design Both beds have an airy memory foam feel and provide pressure relief and support for combination sleepers The one advantage the Layla Hybrid has is it has a flippable design Layla Hybrid has a soft side and a firm side to choose from Sealy Posturepedic Hybrid is offered in two firmness options but you will have to choose one when you purchase the bed If you are looking to bring home a mattress that offers two firmnesses in one bed Both of these beds offer multiple firmness options and have an airy memory foam feel The GravityLux is offered in three firmness options: a soft model whereas the Sealy Posturepedic Hybrid mattress has a coil base The GravityLux's cover has a type of pillow top design that the Sealy Posturepedic Hybrid mattress lacks If you are looking for more support within the mattress I would recommend the Sealy Posturepedic Hybrid mattress While this mattress doesn't have too many special features the feel and firmness of the Sealy Posturepedic will be universally enjoyed I do believe this is a great option for someone looking for an affordable mattress that has some zoned-support design and reinforced edges the Sealy Posturepedic Hybrid mattress is ideal for those couples compromising between firmnesses and not wanting to put a down payment on a bed Thanks for visiting LEXINGTON, Ky. (March 19, 2025) — From learning at the University of Kentucky to leading brand initiatives at Tempur Sealy International, Virginia Groppo has built her career on a foundation of passion Groppo was raised in a family with deep ties to UK — her father is a professor at the Stanley and Karen Pigman College of Engineering Groppo knew early on that UK would play a key role in shaping her future “From the minute I first stepped onto UK’s campus, it just felt like home,” Groppo said. “The classes, campus activities, honors program course projects and working in the textile testing lab were all part of the learning journey helping me to gain the confidence and develop the skills I needed in my career.” An alumna of the merchandising, apparel and textiles (MAT) undergraduate program and the graduate program in the Department of Retailing and Tourism Management (RTM) at the Martin-Gatton College of Agriculture, Food and Environment (CAFE) Groppo says that UK gave her the right balance of information and inspiration to be successful in her current career at Tempur Sealy Groppo completed two merchandise internships with the Walt Disney Company an experience that reinforced her belief that Disney is “more than a theme park;” it is a “brand powerhouse.” From there Groppo’s inspiration for understanding more about the mechanics of managing a successful brand grew helped launch her into a career in brand management Groppo is an associate brand manager of Stearns & Foster at Tempur Sealy International Much of Groppo’s hands-on experience at UK occurred in the Textile Testing Lab. The lab, in the Department of Retailing and Tourism Management at Martin-Gatton CAFE provides insight into the textile and apparel industry — providing assistance in the development evaluation or performance of new or existing products Under the direction of Elizabeth Easter RTM and MAT professor and experienced consultant for textiles and textile care the Textile Testing Lab is where Groppo gained valuable research and laboratory experience “Virginia started as a technician in the Textile Testing Laboratory during her undergraduate program and was promoted to senior research assistant with planning supervisory and training responsibilities,” said Easter who has more than 40 years of consulting and applied research experience “She is both detail-oriented and task-oriented and follows a job from beginning to completion she is self-motivated and never takes the easy way out.” Groppo oversaw quality control measures and conducted product development tests on apparel institutional interior and technical textiles she conducted physical and chemical testing on textiles for organizations including Cotton Inc. the Association for Linen Management and General Electric Groppo conducted a project with General Electric in Louisville and analyzed optimization of heat pump dryer performance to obtain her Lean Six Sigma Green Belt certification Her research contributed to the development of a new combination washer and dryer manufactured by GE With the hands-on experience she gained inside and outside of the lab Groppo credits these unique opportunities to UK professors like Easter Easter worked with me through my entire education and their classes gave me the brand management experience I was looking for,” Groppo said how to seek out opportunities and ask for what I needed to be successful I felt very equipped and accomplished by the end of my academic career.” After graduating from UK with her master’s degree in 2019 Groppo started her professional career as a brand analyst with Tempur she was promoted to associate brand manager Groppo works on the Stearns & Foster mattress brand She has led the development and launch of several multimillion-dollar mattress lines including the company’s first eco-friendly product “You must wear many different hats as a brand manager,” Groppo said sometimes I am working with engineers and must understand the quantitative side of managing a brand Several of my classes at UK involved creating my own brand or analyzing successful brands’ case studies The coursework was very relevant to developing the skills that I needed and still use today.” Groppo believes her role consists of four key areas: business management Groppo says within these areas brand leaders are striving to better understand their competitors Groppo collaborated with cross-functional teams to launch a new mattress at Costco under the Kirkland Signature private label there’s never a “one-size-fits-all” approach to brand management — it’s all about being creative and understanding the customers “There’s not a cookie-cutter plan for how to create a strong brand,” Groppo said think about the customer first and remember that their needs are always changing it’s so fulfilling to improve the quality of life for others We are improving sleep all around the world.” To learn more about the Department of Retail and Tourism Management at Martin-Gatton CAFE, visit https://rtm.ca.uky.edu the University of Kentucky exists to advance the Commonwealth We do that by preparing the next generation of leaders — placing students at the heart of everything we do — and transforming the lives of Kentuckians through education We pride ourselves on being a catalyst for breakthroughs and a force for healing It's all made possible by our people — visionaries disruptors and pioneers — who make up 200 academic programs a $476.5 million research and development enterprise and a world-class medical center will take over on Monday as the newly formed Somnigroup International works to grow Rusing’s appointment is the second leadership change in as many months for Somnigroup as it repositions itself for market growth launches new products and expands wholesale distribution Thompson took over as interim leader last month, replacing John Eck, shortly after Tempur Sealy's Mattress Firm acquisition closed Somnigroup reported its fourth quarter and full year results for the first time as a unified company last month The company’s Q4 net sales rose 3% to $1.2 billion the company's net sales were nearly flat at $4.9 billion While 2024 was challenging for the industry, Thompson said during a February earnings call that the industry outlook for this year is positive. The U.S. bedding industry demand saw a high single-digit decline last year. But with new Somnigroup products currently hitting sales floors, the company is “cautious near term and optimistic long term,” Thompson said during the call the company expects to recover in the second half following a first half headwind “We believe the market is clearly poised for growth and [average selling price] expansion,” Thompson said on the call “We anticipate the market will begin to normalize in 2025 and return to some growth in the back half of the year." said Somnigroup’s Q4 performance beat expectations gives it a stronger incremental earnings potential Blee said Somnigroup faces some potential challenges the company also may feel the effects of high or rising interest rates which could affect demand for big-ticket items like mattresses elevated promotional and pricing pressures simultaneously investing in several product and operations-related growth initiatives may also affect the business embraced by department stores in the 1920s skews key metrics and fosters bad decisions It could be an attempt to broaden revenue streams Home » Mattress Comparisons » Stearns & Foster vs Sealy Mattress Comparison Sleepopolis may earn a commission on sales through our affiliate links in this article. This commission allows us to run our testing lab and continue to bring our readers the most comprehensive information on sleep and related products. See our disclosures Amelia is a Senior Staff Writer for Sleepopolis She primarily covers bedding and sleep accessory products in reviews You can also find her over on the Sleepopolis YouTube channel Amelia is a graduate of the University of North Carolina at Chapel Hill with double majors in media and journalism and in dramatic art Stearns & Foster and Sealy are two well-known mattress brands that predate the direct-to-consumer online retailer bed-in-a-box boom we’ve experienced over the past few years these two brands are actually owned by the same parent company While these brands might be siblings under the same parent company today I’m putting them up against each other to help you find the best mattress for you I’ll be comparing the Stearns & Foster Lux Estate Medium Pillow Top mattress to the Sealy Posturepedic mattress in the Soft model as well as information like price and materials Short on time? Skip ahead for a review summary Financing options are available for this mattress Both of these beds are hybrid mattresses from classic brands but there are some key differences that set them apart Let’s take a closer look at the similarities and differences between the Stearns & Foster Lux Estate and the Sealy Posturepedic Now let’s go over the firmness and feel of the Stearns & Foster Lux Estate and Sealy Posturepedic mattresses where 1 is the softest and 10 is the firmest We use 6.5 as the standard for medium-firm we have several colleagues lay on the mattress in different positions Then we average together the scores for a final firmness rating Our testers rated the Stearns & Foster Lux Estate as a 6.5 out of 10 Keep in mind we tested the Medium Pillow Top version of the Stearns & Foster Lux Estate so the firmness will vary depending on the model you choose We also rated the Sealy Posturepedic as a 6.5 out of 10 light contouring but still kept you on top of the bed and supported can play a large role in how a mattress will work for you Every sleeping position has different needs from their mattress such as different levels of pressure relief or support And people of different weights will experience mattresses differently while heavier people may sink into the bed a lot.  Let’s go over how different sleeping positions and body types might feel on each of these beds Back — The Stearns & Foster Lux Estate is a fantastic option for back sleepers offering an excellent mix of pressure relief and support I felt very comfortable on my back on the Medium Pillow Top model we tested but I think back sleepers could likely do well on most of the different Lux Estate models Side — The Stearns & Foster Lux Estate is also a great choice for side sleepers as its upper layers offer tons of pressure relief for the shoulder and hip so you could opt for the Soft Pillow Top model instead of the Medium one we tested if you were looking for even more pressure relief.  Stomach — The Stearns & Foster Lux Estate can also work really well for stomach sleepers it’s firm enough to keep most stomach sleepers in a neutral position — plus you could always choose the Firm version if you wanted I was really impressed with how little my hips were sinking into this mattress which means my lower back stayed in a more neutral position Body Weight — I think the Stearns & Foster Lux Estate can work for people of all body types and heavyweight sleepers should all feel comfortable and well-supported on this very sturdy mattress Back — The Posturepedic is a really solid option for back sleepers It offers nice support and we found the foam layers filled in the lumbar region nicely the medium-firm feel is the right balance of comfort and support that back sleepers generally need Side — Side sleepers should feel good on the Sealy Posturepedic I will note that I personally felt some pressure around my shoulder on this bed while side sleeping so those with sensitive shoulders may not love it Stomach — The Posturepedic could work for some lightweight to average weight stomach sleepers The Firm model could be an even better option for some stomach sleepers since it will keep their hips more lifted and in line with their spine Body Weight — Like the Stearns & Foster I think the Sealy Posturepedic can work for people of all body types It’s no secret that mattresses are a big purchase — even the cheapest mattresses are at least a few hundred dollars So price is naturally an important factor to consider as you are shopping around Below I’ve broken down the pricing for the Stearns & Foster Lux Estate and Sealy Posturepedic by size Prices listed will be before discount or offer for each size.  Now let’s take a look inside these mattresses Knowing what materials are used in a mattress can help you understand how it will feel and perform Cover: The Stearns & Foster Lux Estate’s cover is made of stretch-knit Tencel Tencel is a lyocell fabric made from eucalyptus which is known for being more eco-friendly than traditional viscoses as well as for being moisture-wicking and cooling Comfort Layer: Under the cover is a section of TEMPUR-Indulge foam a special Tempur-Pedic foam created specifically for Stearns & Foster (Tempur-Pedic is under the same parent company Support Layer: The main support of the Stearns & Foster Lux Estate is a section of individually wrapped coils There are also additional coils used to reinforce the edge of the bed for sturdy edge support Cover: The Sealy Posturepedic has a stretch-knit cover which uses Sealy’s Chill Technology and Surface Guard Technology to be cool and antimicrobial Comfort Layer: The Sealy Posturepedic’s comfort layer is a section of Sealy’s ComfortSense gel memory foam Transition Layer: The Sealy Posturepedic has a transition layer of the brand’s SealySupport gel foam which helps to ease the sleeper between the plush comfort layer above and the firm support below Support Layer: The Posturepedic has a section of the brand’s Response Pro Encased coils This coil layer makes up the supportive base of the bed There are also additional springs around the perimeter of the bed for reinforced edge support We are reaching the end of this comparison, so let’s recap with each mattress’s best qualities. By now, I hope you have a good sense of which of these mattresses may be a good choice for you. Or if neither is a good fit, you can always check out our best mattress page for more recommendations While you may not work closely with a salesperson when shopping online the way you would when shopping in person you may still have to interact with the customer service team if you have questions or issues that arise in your shopping process We rate customer service on a scale of Poor Great: I decided to test out Stearns & Foster’s customer service by using the chat box feature on their website I was initially met with a chatbot that provided some helpful answers but didn’t provide more customized answers to specific questions I wasn’t given the option to speak to a live agent when I said the chatbot’s answer wasn’t satisfactory I still think they have great customer service because Stearns & Foster offers the option for email and phone communication Great: I had a similar experience with Sealy as Stearns & Foster I tested out their chat feature on the website this chatbot was actually less helpful than the Stearns & Foster one and it also did not give me the option to speak with a real person I still wanted to give Sealy a “great” rating because they do offer phone and email support Tempur Sealy seals deal on Mattress Firm acquisition Company plans name change to Somnigroup International LEXINGTON, Ky. – Tempur Sealy International‘s acquisition of Mattress Firm is officially closed The cash payment was funded using a combination of cash on hand and proceeds from borrowings In addition to announcing the completion of the deal, the company said it will change its name to Mattress Firm, Dreams and Tempur will operate as “decentralized” business units under the Somnigroup International umbrella The announcement said Mattress Firm and Dreams will continue to “operate as multi-branded retailers,” and Tempur Sealy will continue to “serve third-party retailers as well as Mattress Firm Dreams and Tempur Sealy direct-to-consumer channels.” “We have collaborated with Mattress Firm for over 35 years, and we are thrilled to welcome them into the Tempur Sealy, soon Somnigroup, organization,” said “The addition of Mattress Firm will unlock incremental benefits for all stakeholders by accelerating our U.S This transaction creates a leading global bedding company with extensive manufacturing capabilities and a broader U.S the companies are positioned to facilitate enhanced product innovation The company said on a pro forma basis for the acquisition it generated about $8 billion in sales over the previous 12 months ending Dec This implies sales of approximately 85% in North America and 15% in International geographies with approximately 65% of sales from direct-to-consumer channels and 35% from third-party retailers Tempur Sealy expects to complete its divestiture of 73 Mattress Firm retail locations and the Sleep Outfitters subsidiary LLC – Mattress Warehouse – in the second quarter of 2025 Thompson said the new Somnigroup moniker expands the corporate vision “The name Somnigroup is derived from the Latin somn meaning sleep and ‘group’ to represent our omnichannel strategy,” Thompson said “The name Somnigroup International reflects our position as a global holding company and provider of sleep solutions with a portfolio of outstanding businesses – Tempur Sealy Dreams and Mattress Firm – as well as the future direction of the company We look forward to continuing to improve people’s lives through better sleep for the next 100 years and beyond.” The company’s common stock will trade on the New York Stock Exchange under the SGI ticker symbol The closing marks the culmination of a 21 months since the deal was announced. A federal court denied the Federal Trade Commission’s move to block the deal after seven months of court filings Signup for your daily digest of industry news and trends Furniture Today is the complete information source for the furniture industry featuring retailer and manufacturing news Sign up to get exclusive industry information delivered to your inbox (Tempur Sealy) in its acquisition of Mattress Firm Group Inc the nation’s largest mattress specialty retailer in a cash and stock transaction valued at approximately $5 billion (up from the initial $4 billion based on the Tempur Sealy stock price at the time the deal was announced in May 2023) The purchase price was funded with approximately $2.7 billion of cash to repay Mattress Firm’s debt and other items and 34.2 million shares of Tempur Sealy common stock The cash payment was funded using a combination of cash on hand and proceeds from borrowings under Tempur Sealy’s credit facilities The transaction closed on February 5, 2025, approximately 21 months after the deal was publicly announced, and following a lengthy battle with the Federal Trade Commission (FTC) the FTC opened an administrative proceeding to block the transaction and simultaneously sought a preliminary injunction in federal court the federal court rejected the FTC’s effort to enjoin the transaction The FTC did not seek an injunction pending a potential appeal The administrative proceeding remains pending Tempur Sealy and Mattress Firm’s combined global footprint includes approximately 3,000 retail stores Tempur Sealy and Mattress Firm generated approximately $8 billion in sales over the previous twelve months ending December 31 For more information, please see the press release Tempur Sealy makes 5-year commitment to others’ premium beds at Mattress Firm HOUSTON – In response to a judge’s suggestion that its slot commitment for third-party vendors was lower than understood, Tempur Sealy International and Mattress Firm have filed a revised plan that promises the sleep retailer will maintain its current percentage of “premium” mattresses from other producers for five years Tempur Sealy and Mattress Firm said they will rectify the perceived discrepancy by allowing third-party mattresses to be placed in at least 43% of premium slots (on average) across all open Mattress Firm stores the commitment had been to reserve 28% of the floor for other mattress suppliers The company defines premium mattresses as those that retail for $1,500 or more The filing said the slot commitment is “consistent with Tempur Sealy’s plan and incentive to keep Mattress firm multi-branded.” Despite Tempur Sealy’s and Mattress Firm’s new commitment to the five-year slot plan as outlined in the filing the companies said the FTC had not proven that the merger would lessen competition in a “properly defined relevant market.” “Defendants are committed to resolving this Court’s concerns so that the merger which will benefit both competition and consumers may proceed,” Tempur Sealy said in its filing Tempur Sealy and Mattress Firm said they didn’t believe additional commitments were needed to allow the acquisition to proceed and said the FTC had “failed at every step to meet its burden.” “No commitments are required to make this merger procompetitive and (Tempur Sealy’s and Mattress Firm’s) commitments need not preserve the current slots occupied by third-party premium suppliers defendants are committing to the court to do just that.” The filing said the average 43% is about the same percentage Mattress Firm currently has in its stores for other mattresses selling at $1,500 or more The judge has not yet ruled in the case between the FTC and Tempur Sealy Mattress Firm fire back: FTC’s claims are ‘quibbles’ The bedding maker and the retailer filed their reply to the FTC’s pushback to the slot plan proposed late December this week. This is the latest in the legal back-and-forth with the FTC and the companies in Tempur Sealy’s attempt to acquire Mattress Firm through a $4 billion deal In their reply, Tempur and Mattress Firm reiterated the premise that they “have no plan or incentive to foreclose competitors.” That has been part of the foundation for the FTC’s decision to block the acquisition: that the deal would lessen competition and make mattresses more expensive for consumers the companies said “commitments don’t need to be in executed contracts,” challenging the commission’s argument that said there was no way to enforce such a commitment Firing back specifically at the FTC’s argument that the slot program doesn’t protect Bedding “confirms this case seeks to protect a competitor Tempur Sealy and Mattress Firm said the retailer has “every incentive to floor high-quality third-party products;” it otherwise risks losing sales to its many competitors the companies argued that it is consistent with “this dynamic industry” and gives mattress competitors time “to boost other channels or open their own stores just as Tempur Sealy did in two-years post breakup.” courts have relied on similar commitments because companies “face reputational financial and legal consequences if the do not follow through.” Outlining a procedure to follow through with the five-year commitment Tempur Sealy and Mattress Firm said in the court filing that the Tempur Sealy Board’s Audit Committee and an independent consulting firm will determine compliance annually Tempur Sealy said it would include a compliance statement its annual 10-K filed with the Securities and Exchange Commission The court document also said “competitors – who carefully monitor Mattress Firm’s floor – will surely flag non-compliance.” FTC: Tempur Sealy’s floor slot commitment at Mattress Firm is ‘worse’ for competition In its response to the commitment, the FTC said the proposed revision is “legally unenforceable, cannot be monitored and does not prevent Tempur from disadvantaging its rivals and harming consumers.” The agency continued saying the plan is “worse in many ways because it explicitly allows Tempur Sealy to judge its own compliance and permits Tempur Sealy to jettison the commitment at its whim.” The FTC said the commitment is “neither a binding contract with any supplier nor a binding settlement that can be enforced by the FTC or any court It remains an unenforceable promise Defendants could break at any time.” Citing its recent case against Kroger Cos.’ quest to merge with competing grocer Albertsons the FTC said courts have been “skeptical” of such promises a federal court ruled in early December that courts should be “skeptical of unenforceable promises especially those made during an antitrust investigation because ‘promise(s) can be broken at will.” The document outlines that the plan is not “contractually enforceable” by third parties and said Tempur Sealy and Mattress Firm acknowledged as much during the case’s closing arguments last month the FTC said “Tempur Sealy refused to even entertain agreements with suppliers containing slot commitments despite including slot commitments in many of its own contracts.” Specifically, the document said Tempur Sealy refused to negotiate slot commitment with Bedding the FTC went on to say the five-year commitment is designed to “avoid judicial or administrative enforcement” and said an administrative proceeding challenging the merits of the proposed acquisition under the Clayton Act remains pending The commission also argues that the revised slot commitment is deficient because of a “minimum performance criteria” that offers Tempur Sealy an exception to “gut the entire commitment” if third-party mattresses don’t meet a “nebulous” performance standards Tempur Sealy must follow the slot commitment only if it decides there are enough premium mattresses available that meet its own definition of ‘Minimum Performance Criteria’,” the filing outlines It goes on to say Tempur Sealy’s new commitment offers “lip service” to monitoring and that the company will monitor its own compliance will obstruct third-party monitoring because percentage of slots reserved for third parties is based on companywide slots and not store-by-store slots makes it impossible for someone walking into a Mattress Firm store to assess whether the defendants are compliant the only evidence of Defendants’ compliance will be in an internal Excel spreadsheet purportedly maintained by Mattress Firm the mechanics of which require a five-page declaration from Mattress Firm’s chief merchandising officer to explain,” the FTC response continued The five-year term of the commitment also raised concern for the FTC The term is “far shorter than the typical duration of behavioral remedies imposed in FTC consent agreements which can extend as long as 20 years,” the document said “Given the hundreds of millions in profit Tempur Sealy could gain by fully or partially foreclosing rivals it will have every incentive to terminate the slot commitments after the five-year term is up.” does not prevent Tempur Sealy from “disadvantaging” other mattress brands sold via Mattress Firm “Defendants will control many means to ’tilt the floor’ in their favor inventory levels and advertising placement Tempur Sealy will also have the incentive to ‘bargain’ with its rivals for spots on the floor – essentially gouging them for higher margins in exchange for slots.” by not guaranteeing slots to specific mattress brands there is no stopgap preventing Tempur Sealy from “ousting its chief rivals and assigning slots to third parties that pose less of a threat the new commitment will do nothing to ‘tie its hands’,” the FTC said The FTC response also said “Tempur Sealy has repeatedly acknowledged it could kick out Serta Simmons post-acquisition and Tempur Sealy’s CEO remarked ‘SSB is committing suicide’ because the company was not ‘supportive’ of the Proposed Acquisition.” Sealy has two Cocoon mattresses: the Chill Memory Foam and the Chill Hybrid. They're basically the same bed but with different support systems. In this review, I'll focus on the hybrid version of the mattress. I'll discuss everything you should know about it, including who it's best for. Watch me review the Cocoon Chill mattress in this video review. First impressions of the Cocoon Chill Hybrid Jonathan Gomez/CNETThe Cocoon Chill Hybrid mattress ships the same way as your average online bed inside a tall cardboard box compressed tightly in plastic ripped off all the packaging and watched as the bed expanded.  the coils in the Cocoon Chill Hybrid caused the bed to expand out of its packaging quickly but I still gave the comfort foams on top a night to fully inflate I took this as a sign that it was ready to be tested I noticed that the bed was slower to respond on top but the springs on the bottom made it a bit more responsive than the all-foam version I immediately felt the sensation of memory foam working its magic This mattress has a responsive memory foam feel The memory foam on top of the bed conforms to the shape of your body nicely but the coils below offer a nice amount of responsiveness This makes switching sleeping positions on this bed relatively easy you're getting a generally responsive bed with a slight memory foam feel on top -- sometimes Jonathan Gomez/CNETHow firm is the Cocoon Chill Hybrid mattress?The hybrid version of this mattress has an accommodating firmness profile that'll work for just about anyone It should work fine for all sleeping styles but is most suitable for side and combination sleepers If you're a back or stomach sleeper seeking a firmer mattress the foam version of the Cocoon Chill might work slightly better for you This is a hybrid mattress that's 12 inches thick and comprised of the following layers: there's a thin layer of base foam to provide a foundation for all the other layers to rest on which act as the bed's main support system.  Above the support layer is a more responsive foam that acts as a transition layer for the mattress there's a layer of gel memory foam to provide the bed's main comfort layer Wrapping the mattress up is a cooling cover It features a phase change material to help actively cool you down at night while you sleep This refers to how well a bed absorbs cross-mattress movement and the Cocoon Chill Hybrid performs well in this category The foam version of this bed might absorb a bit more motion than the hybrid but both should deaden lots of cross-mattress movement Memory foam beds usually have the best motion isolation as memory foam itself doesn't reverberate as much motion as latex foam or even neutral foam Light sleepers shouldn't have many issues with this mattress The edge support is great on the Chill Hybrid Since the coils are reinforced along the edges of this mattress you should find the perimeter of the bed to be quite sturdy under pressure If you or your partner happen to sleep close to the edges of the mattress you can rest easy knowing you won't be falling off the bed anytime soon Jonathan Gomez/CNETTemperatureThis is obviously one of the main advantages of this mattress -- I mean it's called the Cocoon Chill for a reason This bed will help actively cool you down on a nightly basis The bed itself is noticeably cool to the touch it's hard to determine if you'll still feel much of that cooling effect that phase change cover will help keep you sleeping at least temperature neutral and I can't see this mattress warming up on you if you're an especially hot sleeper the Chill Hybrid will be the slightly more durable support option Since the Chill Memory Foam is an all-foam mattress it's not going to be as durable as the hybrid version but it should still last you for several years to come Dense support foams just aren't as durable as steel coils so durability is definitely something to keep in mind with this bed you do have some support options to consider with this mattress and either should last the average sleeper quite a while Depending on the support option you choose the Cocoon Chill could work for a variety of sleepers out there Here's who I think will benefit the most from sleeping on this bed Jonathan Gomez/CNETBody typeThe Cocoon Chill Hybrid will be supportive enough to handle all body types the Cocoon Chill Memory Foam will work best for medium to petite-sized people.  You could get by on the Chill Memory Foam if you're a bit bigger but just know that all-foam beds will likely degrade underneath you over time slightly faster than a hybrid bed Pocketed coils are designed to support a substantial amount of weight on a nightly basis making them the superior alternative when it comes to long-term support This pricing reflects what's currently offered for the hybrid version of the bed Keep in mind that you could save a couple hundred bucks by going with the all-foam version For a memory foam mattress with some active cooling features that's a great value either way you cut it usually offers nice discounts on the Cocoon Chill you'll be paying closer to the $900 range for a queen size The brand even likes to bundle in free or discounted sleep accessories with every mattress purchase which is nice if you're looking for more of a sleep setup Sealy backs the Cocoon Chill with above-average policies you get a 100-night trial period to try it at home risk-free Just be sure to use the right foundation for the bed The final verdictIf you're a hot sleeper who's looking for a memory foam mattress that's right around a medium and you'd like a supportive hybrid bed with some active cooling qualities Jonathan Gomez/CNETYou might like the Cocoon Chill Hybrid mattress if: You might not like the Cocoon Chill Hybrid bed if: The Cocoon Chill Hybrid sits right around a medium on our scale This makes the bed most suitable for combination sleepers who rotate around at night but it could also work for all sleep styles It's not the most pressure-relieving bed for side sleeping or the first option for back and stomach sleeping but it could work fine for both of those preferences The Cocoon Chill beds ship in a box for free The unboxing process is the same as any other bed-in-a-box option online rip off all the plastic and then the mattress will expand rapidly before your eyes it might take longer to fully inflate than the Chill Hybrid but both should be ready to sleep on after a full night of expansion A Cocoon Chill bed should last you for the next seven to 10 years Since hybrid beds are typically more durable than all-foam ones you may be getting more from the Chill Hybrid long term both support options should last you for several years Tempur Sealy cleared to acquire Mattress Firm and a number of other participants in the mattress industry “We are pleased that the United States District Court for the Southern District of Texas has declined to enjoin our acquisition of Mattress Firm,” Tempur Sealy said in a statement “Despite the FTC’s ongoing efforts to block the transaction we will make every effort to close it as soon as possible.” A redacted version of the opinion will be available next week according to the order filed by Judge Charles Eskridge See also: FTC, Tempur Sealy ready for legal fight over $4B Mattress Firm acquisition Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world US District Judge Charles Eskridge ruled Friday in favor of the companies but he said they can’t close the deal until Feb to allow time for the regulator to consider an appeal The ruling is a significant defeat for the FTC which had increased antitrust enforcement under the Biden administration Please enable JS and disable any ad blocker NWA Democrat-Gazette Boys Basketball Player of the Year SPRINGDALE -- Isaiah Sealy helped propel Springdale to the Class 6A state championship game this season and has signed to.. This document may not be reprinted without the express written permission of Northwest Arkansas Newspapers LLC Material from the Associated Press is Copyright © 2025 audio and/or video material shall not be published rewritten for broadcast or publication or redistributed directly or indirectly in any medium Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use The AP will not be held liable for any delays errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing FTC 7-day extension ‘would kill’ Tempur Sealy calling it an “eleventh-hour gambit” that would “likely kill this merger.” The FTC filed a motion Tuesday asking the U.S. Court for the Southern District of Texas to extend the order if the judge rules in favor of Tempur Sealy and Mattress Firm so that the FTC would have time to appeal to the U.S the companies opposed the motion saying if granted it “would run out the clock and likely kill this merger even if the court decides it does not present an antitrust concern.” The deal’s termination date is Sunday and the filing says the companies must close Feb funding the debt and filing merger certificates The filing outlines that the proposed $4 billion acquisition agreement following Tempur Sealy and Mattress Firm’s compliance with the FTC’s second request for additional information The companies say they have agreed many times to delay closing the deal “runs out the clock” and would harm Tempur Sealy and Mattress Firm who have “spent thousands of hours and tens of millions of dollars complying with the FTC’s investigation.” The filing continues that the FTC could have made the extension request earlier in the process so that both sides could have set a different schedule Tempur Sealy makes it official with name change Tempur Sealy is now Somnigroup International LEXINGTON, Ky. – It’s official. has changed its name to Somnigroup International The name change follows the company’s acquisition of specialty sleep retailer Mattress Firm a nearly $5 billion deal that closed earlier this month The company’s common stock will now trade on the New York Stock Exchange under the ticker symbol SGI The company announced the name change the same day it closed on the Mattress Firm acquisition saying the Somnigroup name better reflected its omnichannel approach to the bedding business and its ownership of multiple brands “Somnigroup is the world’s largest bedding company, with superior capabilities in design, manufacturing, distribution and retail while owning a portfolio of the most highly recognized brands in the industry,” said Scott Thompson, Somnigroup chairman and CEO, and interim CEO of Mattress Firm. Derived from the Latin words somn meaning sleep and omni meaning all Somnigroup was chose to reflect “our position as a global provider of sleep solutions with an integrated omni-channel strategy,” the company said The Somnigroup portfolio includes Tempur , Dreams and Other brands in the group include Tempur-Pedic as well as the company’s private label and OEM products “We are committed to providing breakthrough sleep solutions that meet the diverse sleep needs of consumers all over the world while delivering long-term growth for our shareholders,” Thompson said “We look forward to continuing to improve people’s lives through better sleep for the next 100 years and beyond.” New Posturepedic unveiled: Sealy’s brand gets 35 new models Sealy’s Posturepedic Pro Hybrid is one of 35 new models being launched for the line LAS VEGAS — ‘s collection has undergone a total reinvention offering a range of innerspring and hybrid models with a complete retail step-up program First introduced in 1950, the Posturepedic brand marks its 75th anniversary this year. This introduction is the first time Sealy has introduced a new family of Posturepedic beds since 2021 Featuring 35 models being introduced at the winter the new Posturepedic is segmented in four different levels with prices ranging from $799 to $2,399 Sealy Posturepedic Pro and Sealy Posturepedic Elite — span opening pricing through premium price points At the core of the collection’s design is Sealy’s proprietary designed exclusively in house by Sealy’s product development and research teams The coils are designed to adapt to a sleeper’s unique size and shape to promote natural alignment “We expect this to be the largest introduction for Tempur Sealy,” said Josh Fenner adding that the new collection will replace the previous models introduced in 2021 the mattresses feature an extra set of coils arranged for targeted support with Sealy’s MaxSupport Technology a DuraFlex Coil Edge designed with smaller diameter encased coils for to prevent sagging support and Advanced SealyChill Technology with a cooling cover and cooling top foam layer Tempur Sealy International has developed a family of marketing materials including national advertising that zeroes in offering a solution for consumers who suffer from aches and pains while sleeping or preparing for sleep The advertising campaign takes a humorous look by turning the pains into computer-generated critters dubbed “Bed Aches.” said the goal was to personify the problem and address it with a little bit of humor “We’re looking to evangelize and give consumers are reason to come in and buy a mattress by saying we can help you get a better night’s sleep,” he said adding that the marketing will kick off for Memorial Day promotions and run through Labor Day Murray said the new marketing is also designed to capture a new “We have an established consumer base with Sealy,” he said “We are looking to widen the aperture and talk to a new group of consumers as they start to buy homes.” The entire collection undergoes a series of testing procedures including robotics that simulate multiple years of use and a 500-mile shipping and handling test to ensure mattresses arrive in perfect condition “Our team has created something impressive with this PrecisionFit Coil,” said Scott Thompson “Their dedication to innovation truly differentiates Sealy Posturepedic from the competition and it gives our customers the long-lasting support they need for a great night’s sleep.” The new Posturepeidc lineup is being shown in the Sealy Las Vegas showroom located at C-1496 The mattress maker and retail companies say being forced to litigate both a federal court case and an FTC challenge would cause undue financial hardship Tempur Sealy sees its acquisition of Mattress Firm as integral to its long-term growth and preventing the deal from moving forward would cause both companies substantial financial harm The FTC sued Tempur Sealy in July to block the deal seeking to block the agency’s administrative proceedings that could derail the acquisition Tempur Sealy’s most recently filed complaint against the FTC asks a judge to block the FTC challenge of the Mattress Firm merger through its own separate administrative proceeding in addition to a federal court proceeding a move that would effectively offer “the FTC two shots at us by using two different courts,” CEO Scott Thompson said during an earnings call Last month, Tempur Sealy said it successfully closed on a $1.6 billion term loan along with cash available and proceeds from other debt to fund the cash consideration for its acquisition of Mattress Firm But the FTC sees the potential union as a violation of antitrust law Mattress Firm and Tempur Sealy say the FTC’s ability to draft and resolve its own administrative charges — the outcome of which must be appealed to the same organization that first brought the complaint — is a conflict of interest the FTC said Mattress Firm “is the single most important retail channel for mattress brands It can drive massive volumes of sales through its unmatched consumer reach and mattress brands jostle to access its floor space Allowing Tempur Sealy to buy Mattress Firm would upend this competitive dynamic giving Tempur Sealy enormous sway over the fate of its rivals.” To assuage regulators’ concerns that the merger would inhibit competition in the business segment, Tempur Sealy in September agreed to divest about 175 stores to rival retailer Mattress Warehouse is contingent on closing the Mattress Firm deal Tempur Sealy’s third quarter results slightly beat top and bottom line consensus expectations Wedbush analysts led by Seth Basham said in a Thursday note Tempur Sealy narrowed its fiscal year guidance It now anticipates 2024 sales will be slightly lower than the prior year The analysts also noted that the company’s Q3’s gross margin of 46.2% was worse than the consensus forecast of 46.8% and below the firm’s 46.9% estimate “[Tempur Sealy] likely resorted to additional promotions to drive sales that were ineffective in this soft demand environment,” Wedbush wrote in its statement “[The company] resorted to more aggressive cost cutting to meet EPS expectations The intense pressure to end diversity initiatives has led companies to scrutinize their policies agreed to buy the global rights to the BuyBuy Baby brand and Reebok’s U.S Premium Content is available to subscribers only. Please login here to access content or go here to purchase a subscription Read The Sealy News Tempur Sealy International (NYSE: TPX) has completed its acquisition of Mattress Firm the nation's largest mattress specialty retailer The deal was funded with $2.7 billion in cash and 34.2 million shares of common stock The company will change its name to Somnigroup International effective February 18 and will trade under the ticker symbol 'SGI' the combined company generated approximately $8 billion in sales over the previous twelve months ending December 31 with 85% from North America and 15% from International markets About 65% of sales come from direct-to-consumer channels and 35% from third-party retailers The company expects to divest 73 Mattress Firm retail locations and its Sleep Outfitters subsidiary to Mattress Warehouse in Q2 2025 with over 30 years of retail leadership experience has been appointed to the Board of Directors Tempur Sealy International (NYSE: TPX) ha completato l'acquisizione di Mattress Firm il più grande rivenditore specializzato in materassi del paese L'operazione è stata finanziata con 2,7 miliardi di dollari in contante e 34,2 milioni di azioni ordinarie L'azienda cambierà nome in Somnigroup International a partire dal 18 febbraio 2025 e sarà quotata con il simbolo ticker 'SGI' la società combinata ha generato circa 8 miliardi di dollari di vendite nei dodici mesi precedenti al 31 dicembre 2024 con l'85% proveniente dal Nord America e il 15% dai mercati internazionali Circa il 65% delle vendite proviene da canali diretti al consumatore e il 35% da rivenditori terzi L'azienda prevede di dismettere 73 punti vendita Mattress Firm e la sua filiale Sleep Outfitters a Mattress Warehouse nel secondo trimestre del 2025 con oltre 30 anni di esperienza nella leadership retail è stato nominato nel Consiglio di Amministrazione Tempur Sealy International (NYSE: TPX) ha completado su adquisición de Mattress Firm el mayor minorista especializado en colchones del país por aproximadamente 5 mil millones de dólares El acuerdo se financió con 2.7 mil millones de dólares en efectivo y 34.2 millones de acciones comunes La compañía cambiará su nombre a Somnigroup International a partir del 18 de febrero de 2025 y comercializará bajo el símbolo ticker 'SGI' la empresa combinada generó aproximadamente 8 mil millones de dólares en ventas durante los doce meses anteriores que finalizaron el 31 de diciembre de 2024 con un 85% proveniente de América del Norte y un 15% de mercados internacionales Alrededor del 65% de las ventas provienen de canales directos al consumidor y el 35% de minoristas externos La compañía espera desinvertir 73 ubicaciones de Mattress Firm y su subsidiaria Sleep Outfitters a Mattress Warehouse en el segundo trimestre de 2025 con más de 30 años de experiencia en liderazgo minorista ha sido nombrado miembro de la Junta Directiva 템퍼 실리 인터내셔널 (NYSE: TPX)가 미국 최대의 매트리스 전문 소매업체인 매트리스 퍼미를 약 50억 달러에 인수했습니다 이 거래는 27억 달러 현금과 3420만 주의 보통주로 자금이 조달되었습니다 통합된 회사는 2024년 12월 31일 종료된 12개월 동안 약 80억 달러의 매출을 기록했으며 이 회사는 2025년 2분기에 73개의 매트리스 퍼미 소매점과 자회사인 슬립 아우피터스를 매트리스 창고에 매각할 계획입니다 30년 이상의 소매 분야 리더십 경험을 가진 피터 사흐스가 이사회에 임명되었습니다 Tempur Sealy International (NYSE: TPX) a finalisé son acquisition de Mattress Firm le plus grand détaillant spécialisé en matelas du pays L'accord a été financé par 2,7 milliards de dollars en espèces et 34,2 millions d'actions ordinaires L'entreprise changera de nom pour devenir Somnigroup International à partir du 18 février 2025 et sera cotée sous le symbole boursier 'SGI' la société combinée a généré environ 8 milliards de dollars de ventes au cours des douze mois se terminant le 31 décembre 2024 dont 85% proviennent de l'Amérique du Nord et 15% des marchés internationaux Environ 65% des ventes proviennent de canaux de vente directe aux consommateurs et 35% de détaillants tiers L'entreprise prévoit de céder 73 emplacements de Mattress Firm et sa filiale Sleep Outfitters à Mattress Warehouse au deuxième trimestre 2025 avec plus de 30 ans d'expérience en leadership de la vente au détail Tempur Sealy International (NYSE: TPX) hat die Übernahme von Mattress Firm dem größten spezialisierten Matratzenhändler des Landes für etwa 5 Milliarden US-Dollar abgeschlossen Die Transaktion wurde mit 2,7 Milliarden US-Dollar in bar und 34,2 Millionen Stammaktien finanziert Februar 2025 in Somnigroup International ändern und unter dem Tickersymbol 'SGI' gehandelt werden Auf pro forma Basis erzielte das fusionierte Unternehmen in den zwölf Monaten bis zum 31 Dezember 2024 einen Umsatz von etwa 8 Milliarden US-Dollar wobei 85% aus Nordamerika und 15% aus internationalen Märkten stammten Etwa 65% des Umsatzes kommen aus direkten Verkaufsstellen an Verbraucher und 35% von Drittanbietern 73 Mattress Firm Einzelhandelsstandorte sowie seine Tochtergesellschaft Sleep Outfitters im 2 Quartal 2025 an Mattress Warehouse zu veräußern der über 30 Jahre Erfahrung in der Einzelhandelsführung verfügt The completion of Tempur Sealy's $5 billion acquisition of Mattress Firm represents a seismic shift in the bedding industry landscape creating a vertically integrated powerhouse with $8 billion in pro forma annual sales The transaction's sophisticated structure balances immediate capital deployment with equity participation utilizing $2.7 billion in cash consideration alongside 34.2 million shares of stock The strategic decision to operate Mattress Firm Dreams and Tempur Sealy as decentralized units under the new Somnigroup International banner is particularly astute This structure preserves brand equity and operational autonomy while enabling cross-pollination of best practices and supply chain optimization The resulting revenue mix - 65% direct-to-consumer and 35% third-party retail - positions the company optimally in the evolving retail landscape reflected in an 80% stock appreciation since announcement suggests strong confidence in management's execution capability and the deal's strategic rationale The upcoming ticker change to "SGI" symbolizes the company's evolution from a manufacturer-centric model to an integrated sleep solutions provider The integration strategy reveals sophisticated planning that prioritizes value preservation while enabling transformational benefits The decision to maintain Mattress Firm and Dreams as independent multi-branded retailers while preserving Tempur Sealy's manufacturing relationships with third-party retailers demonstrates a nuanced understanding of value chain dynamics Critical success factors in the integration include:Preservation of existing supplier relationships mitigates disruption risks and maintains competitive dynamics in the supply chainDecentralized operational model reduces integration complexity and preserves customer relationshipsMulti-brand strategy retention allows for market segmentation and targeted customer acquisitionContinued service to third-party retailers maintains healthy channel diversity The timing of the divestitures in Q2 2025 provides a structured approach to regulatory compliance while ensuring operational continuity The expanded board composition with retail expertise suggests a governance structure aligned with the enhanced operational complexity of the combined entity Inc to Change its Name to Somnigroup International Inc. Reflecting Acceleration of Omni-Channel Strategy-  Hosting Business Update Call on February 6 the Company announced it will change its name to Somnigroup International Inc Mattress Firm and Dreams will continue to operate as multi-branded retailers and Tempur Sealy On a pro forma basis for the acquisition of Mattress Firm the Company generated approximately $8 billion in sales over the previous twelve months ending December 31 This implies sales of approximately 85% in North America and 15% in International geographies "We have collaborated with Mattress Firm for over 35 years and we are thrilled to welcome them into the Tempur Sealy The addition of Mattress Firm will unlock incremental benefits for all stakeholders by accelerating our U.S "We would like to extend our heartfelt thanks to all Tempur Sealy and Mattress Firm employees and suppliers for their unwavering dedication Your commitment to our mission to deliver better sleep is the cornerstone of our success We also wish to express our deep gratitude to our legal counsel all of whom provided exceptional expertise and best-in-class capabilities that have been invaluable throughout this transaction we would like to recognize our shareholders for their steadfast support of this transaction and their continued belief in our long-term strategy a confidence that is clearly reflected by the 80% increase in our stock price since the transaction was announced."   In connection with the closing of this transaction the Company is expanding its Board of Directors through the appointment of Peter Sachse Sachse brings more than 30 years of executive leadership experience in retail including serving as CEO of Tailored Brands and previously spending 34 years in various positions at Macy's "We are pleased to have Peter Sachse join our Board of Directors and welcome his unique insights garnered through years of service in retail and on the Mattress Firm Board of Directors His deep industry expertise will provide invaluable support as we navigate our next phase of growth." The transaction was funded by approximately $2.7 billion of cash consideration (subject to adjustments including the repayment of Mattress Firm's debt and other customary items) and 34.2 million shares of common stock The cash payment was funded using a combination of cash on hand and proceeds from existing borrowings The Company expects to complete the previously announced divestiture of 73 Mattress Firm retail locations and the Company's Sleep Outfitters subsidiary LLC ("Mattress Warehouse") in the second quarter of 2025 Morgan Securities LLC served as sole financial advisor to the Company common stock will trade on the NYSE under ticker symbol "SGI" The Company will hold a conference call on Thursday Eastern Time to discuss the information in this release The Company has a separate conference call scheduled to discuss the Fourth Quarter and Full Year 2024 financial results on Thursday The calls will be webcast and can be accessed on the Company's investor relations website at investor.tempursealy.com webcast replays will remain available on the investor relations section of the Company's website for 30 days This press release contains statements that may be characterized as "forward-looking" within the meaning of the federal securities laws Such statements might include information concerning one or more of the Company's plans and other information that is not historical information the words "will," "targets," "expects," "anticipates," "plans," "proposed," "intends," and variations of such words or similar expressions are intended to identify forward-looking statements statements relating to the Company's expectations regarding the completed Mattress Firm acquisition including expectations regarding future performance and integration of Mattress Firm with our business Any forward-looking statements contained herein are based upon current expectations and beliefs and various assumptions There can be no assurance that the Company will realize these expectations or that these beliefs will prove correct many of which are beyond the Company's control could cause actual results to differ materially from any that may be expressed herein as forward-looking statements These potential risks include risks associated with Mattress Firm's ongoing operations; the ability to successfully integrate Mattress Firm into Tempur Sealy's operations and realize synergies from the transaction; the possibility that the expected benefits of the acquisition are not realized when expected or at all; general economic particularly conditions relating to the financial performance and related credit issues present in the retail sector as well as consumer confidence and the availability of consumer financing; the impact of the macroeconomic environment in both the U.S and internationally on Mattress Firm and the Company; uncertainties arising from national and global events; industry competition; the effects of consolidation of retailers on revenues and costs; and consumer acceptance and changes in demand for Mattress Firm's and the Company's products and the factors discussed in the Company's Annual Report on Form 10-K for the year ended December 31 2023 and the Quarterly Report on Form 10-Q for the period ended June 30 There may be other factors that may cause the Company's actual results to differ materially from the forward-looking statements The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made Tempur Sealy is committed to improving the sleep of more people our over 750 Company-owned stores worldwide and our e-commerce channels With the range of our offerings and variety of purchasing options Aubrey MooreInvestor RelationsTempur Sealy International, Inc.800-805-3635Investor.relations@tempursealy.com View original content:https://www.prnewswire.com/news-releases/tempur-sealy-successfully-completes-acquisition-of-mattress-firm-302368968.html Already have an account? Login The mattress maker plans to sell its Sleep Outfitters subsidiary plus 73 of Mattress Firm’s 2,300 or so locations to Mattress Warehouse Tempur Sealy, facing a Federal Trade Commission challenge to its proposed $4 billion merger with retailer Mattress Firm has agreed to sell its Sleep Outfitters subsidiary and a portion of Mattress Firm’s footprint Subject to approval of the Tempur Sealy-Mattress Firm deal, MW SO Holdings Company, also known as Mattress Warehouse, will acquire 73 Mattress Firm locations plus Sleep Outfitters’ 103 specialty mattress retail locations and seven distribution centers Hearings on the FTC’s challenge are scheduled to begin Nov Tempur Sealy expects them to wrap up “in the coming months which would allow the deal to close in late 2024 or early 2025,” as expected According to a statement from Tempur Sealy CEO Scott Thompson this move comes out of discussions with regulators and is part of the company’s effort to move its acquisition of Mattress Firm forward it’s not clear how much its deal with Mattress Warehouse would alter regulators’ argument that a Tempur Sealy-Mattress Firm merger would bestow “enormous power at multiple parts of the mattress supply chain” to the combined company and enable it “to suppress competition and raise prices for mattresses for millions of consumers.” As of July, according to documents filed in the FTC’s case, Mattress Firm ran about 2,300 brick-and-mortar stores, and Tempur Sealy owned about 99 Tempur-Pedic and 109 Sleep Outfitters stores Tempur Sealy expects to run more than 2,800 stores globally and derive half of its North American sales from Mattress Firm Mattress Warehouse, with more than 320 stores, states that it is the second-largest retailer in the space Along with the brick-and-mortar divestiture plan Tempur Sealy on Monday announced a proposed senior secured term loan in an aggregate principal amount of up to $1.6 billion cash available and other debt would fund the proposed Mattress Firm acquisition S&P Ratings analysts gave the proposed debt a preliminary BBB- rating They also put “both tranches of [Tempur Sealy’s] unsecured notes on CreditWatch with negative implications reflecting that we may lower our rating on this debt up to one notch to 'BB-' from 'BB' and revise the recovery rating to '5' from '3' if the transaction closes The potential lower ratings on the notes reflect the substantial increase in senior secured debt under this transaction revising recovery outcomes for unsecured debtholders.” Tempur Sealy to take ownership of Mattress Firm this week Tempur Sealy said today it will close the deal Wednesday in a release issued today Judge Charles Eskridge also granted Tempur Sealy and Mattress Firm its shorter timeframe for the temporary restraining order, shaving four hours of the original order.  The closing will culminate 21 months since the acquisition was announced in May 2023 and seven months since the FTC filed a lawsuit to block the deal “We are excited to move forward with our combination with Mattress Firm which creates the leading vertically integrated global bedding company and which we strongly believe will bring significant benefits to all of our stakeholders,” said Scott Thompson The company also said it will host a conference call Thursday See also: Court docs reveal Tempur Sealy plan to ‘block’ competition with Mattress Firm deal vendor agreements and more highlight Tempur Sealy analyst call LEXINGTON, Ky. – In this morning’s conference call with analysts following the closing of its acquisition of Mattress Firm, Tempur International’s CEO discussed post-closing supply agreements slot commitments and building synergies with the 2,300-unit specialty sleep retailer ruling against the FTC on nearly every issue of its case During the nearly 45-minute call, called the acquisition a “significant milestone” that created the “world’s largest bedding company” including design He also touted the company’s ownership of “the most highly recognized brands” in the industry Thompson emphasized that Mattress Firm and Dreams will continue to operate as multi-branded retailers “Tempur Sealy will continue to serve third-party retailers Dreams and Tempur Sealy’s direct-to-consumer business,” he said Addressing the post-closing supply agreements with other mattress brands Thompson said the company sought agreements from seven manufacturers Thompson said the agreements assumed contracts the manufacturers had in place with Mattress Firm while extending the “termination for convenience” clause to a year to “allow us to get comfortable with each other.” He went on to say that currently the company does not have a post-closing agreement in place with Bedding the industry’s second largest mattress maker but “I’m sure we’ll be talking to them.” Regarding Mattress Firm’s merchandising mix moving forward – a concern voiced by a number of executives in retail and manufacturing circles – Thompson dug deeper into the company’s “” that had been entered into the court record Sealy – hold a 43% balance of share on Mattress Firm’s showroom floors “The ones on the floor will be the ones that perform and make sense for Somnigroup International (Tempur Sealy’s new name beginning Feb the balance of share on the retail floor will be determined by the consumer “To the extent that brands advertise and innovate that’s how the balance of share will shift,” he told analysts on the call “Do I think our products will increase in balance of share We may find that there are some products on the floor that don’t meet our standards saying the average Mattress Firm store has 50 slots Focusing on the luxury segment of beds as the FTC did in its case Thompson said the average store has 30 slots for mattresses that retail at $1,500 or more a dozen would be for other mattress brands For mattresses that retail for less than $1,500 18 slots are open for Tempur Sealy or Mattress Firm brands In aligning Mattress Firm’s floor with other mattress brands Thompson said Tempur Sealy’s technical prowess and expertise will allow the company to negotiate with partners we can tell you what any bed on the floor costs to make,” he said “We will be able to build it up from cost and have the conversation with suppliers.” Innovation will continue to drive the company’s growth adding that having “distribution locked up” for new products will allow for more research and development “In talking about investment in product that is more complex and more innovative as beds get more complicated to know that we have a sister company with the distribution locked up takes some of the volatility out of that and gives you better confidence in making those long-term investments,” Thompson said “With this we’re more likely to make more significant investments in R&D and bring new product for all retailers We might have been hesitant in doing that without committed distribution.” As for the timing of the acquisition, about 21 months after it was first announced in May 2023 saying the deal is closing at a low point for the industry “The industry has been much weaker than we thought,” he said The downdraft has been deeper than we expected and it has lasted longer than expected.” He cited Mattress Firm’s performance in the down environment saying the company had performed better than expected “That’s given us more confidence in the business model going in,” Thompson added Serial RIA minority investor Constellation Wealth Capital has brought on Paul Sealy as its new chief financial officer and chief compliance officer Sealy officially joined the firm in January of this year Sealy served as the CFO and controller at various private equity firms and hedge funds including MatlinPatterson Capital Management a private equity firm that bought distressed companies He then spent two years with alternative investment firm Cerberus Capital Management which has roughly $85bn in assets across its platforms Sealy got a call from the CEO of Arena Investors which hired him as one of its first employees Thanks for visiting announced it has officially completed its previously announced acquisition of Mattress Firm Group Inc. the nation’s largest mattress specialty retailer follows a recent ruling from the United States District Court for the Southern District of Texas denying the Federal Trade Commission’s (FTC) motion for a preliminary injunction to block the transaction The FTC has indicated it will not seek emergency relief from the Fifth Circuit to prevent the acquisition’s closure “We are excited to move forward with our combination with Mattress Firm which creates the leading vertically integrated global bedding company and which we strongly believe will bring significant benefits to all of our stakeholders,” said Tempur Sealy Chairman and CEO Scott Thompson the company announced it will rebrand as Somnigroup International Inc and Tempur Sealy will operate as decentralized business units Mattress Firm and Dreams will continue as multi-branded retailers will maintain its third-party retailer relationships alongside its direct-to-consumer channels The acquisition was financed with approximately $2.7 billion in cash (subject to adjustments The cash portion was funded through a combination of on-hand reserves and existing borrowings the company expects to complete the divestiture of 73 Mattress Firm retail locations and its Sleep Outfitters subsidiary — which includes 103 specialty mattress stores and seven distribution centers — to MW SO Holdings Company “We have collaborated with Mattress Firm for over 35 years Tempur Sealy is expanding its Board of Directors appointing Peter Sachse as a new board member and holding various leadership roles over a 34-year career at Macy’s With the acquisition now complete and a rebrand on the horizon Somnigroup positions itself as a dominant force in the global bedding industry Subscribe