Tempur Sealy International is Here

May 27, 2013  by in UnCategorized   

By Home Furnishings Business in on May 28, 2013

The name change for the largest bedding acquisition is final.

Tempur-Pedic International (NYSE: TPX) will now be known as Tempur Sealy International. The new name recognizes the recent acquisition of Sealy completed in March.

The company's portfolio of brands and consumer-facing marketing will not be affected by the corporate name change and the brands will continue to be represented in the market as they are today.

The company's corporate headquarters will be in Lexington, Ken., and its subsidiaries will continue with their existing names. Tempur Sealy will continue to trade on the NYSE under the symbol "TPX".

"While the Tempur Sealy International name is new, our well-recognized industry leading global brands remain distinct," said Mark Sarvary, president and CEO. "I am very optimistic about the future growth potential for our company."

The company has also created a new corporate Web site. The site features information on the company, including its brands, history, and leadership, as well as links to relevant investor and press materials.