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Serta International Purchases Montreal Manufacturing Facility
June 18,
2007 by in UnCategorized
By Home Furnishings Business in Bedding on June 2007
National Bedding Co., the largest licensee of Serta International, Hoffman Estates, Ill., has acquired a Serta manufacturing plant in St. Leonard, Quebec. All 70 employees of the Montreal plant, which opened in 1982, will remain employed with Serta International.
In an announcement Friday, Serta said delivery and service to local retailers will continue without interruption.
“We are excited for this opportunity,” said James Polark, chief financial officer for Serta International. “Our goal has always been to grow our retailers’ business, and this will continue to be the goal for us and our retail partners serviced by the Montreal plant.”
National Bedding Co. owns 19 of 24 Serta U.S. manufacturing plants, and now owns two of the four Canadian Serta manufacturing plants.