Somnigroup International Inc. is an American manufacturer of mattresses and bedding products.[2]
The company was formed when Tempur-Pedic International, a manufacturer of memory foam mattresses, acquired its biggest competitor Sealy Corporation in 2012.[3][4] It is based in Lexington, Kentucky.
In May 2023, Temper Sealy sought to acquire mattress retailer Mattress Firm for a reported $4 billion. However, in July 2024 the deal was blocked by the United States Federal Trade Commission due to concerns about its impact on competition in the space.[5] The company sued the Federal Trade Commission in October to halt the court proceedings and won the case in January 2025, allowing the deal to go through.[6][7]
The acquisition was finalized in February 2025 and Tempur Sealy changed its name to Somnigroup International Inc.[8]
See also
- Sleep hygiene
- Memory foam
- Foam rubber
External links
References
- Tempur Sealy International, Inc. 2021 Annual Report Results February 22, 2022, retrieved November 3, 2022^
- Company Profile Somnigroup, retrieved 10 June 2025^
- Abram Brown. Going To The Mattresses: Tempur-Pedic Buys Sealy To Fight Rivals Forbes, retrieved 27 September 2012^
- Rob Wile. Tempur-Pedic Is Buying Sealy Business Insider, retrieved 27 September 2012^
- Ramishah Maruf. FTC unanimously moves to block $4 billion merger of mattress giants CNN, 2024-07-02, retrieved 2024-07-05^
- Tempur Sealy and Mattress Firm Defeat FTC Preliminary Injunction in $5 Billion Deal www.clearygottlieb.com, retrieved 2025-09-07^
- Leah Nylen, Madlin Mekelburg. Tempur Sealy Cleared to Buy Mattress Firm in Blow to FTC January 31, 2025^
- Tempur Sealy Cleared to Close Acquisition of Mattress Firm www.prnewswire.com, retrieved 2025-09-07^