From Home Furnishing Business
Sleep Innovations Acquires Flexible Foam Products
Terms of the private transaction were not disclosed.
Headquartered in Spencerville, Ohio, Flexible Foam has been serving customers in the flooring, bedding, furniture, packaging, retail and automotive industries for more than 40 years.
As foam-based products continue to grow in popularity with bedding makers and consumers alike, this transaction will enable Sleep Innovations to further expand its presence in the OEM market and better serve its customers though a truly national footprint.
"We are pleased to continue supporting the growth of Sleep Innovations as a leader in the bedding and furniture market," said Marc Leder, co-CEO at Sun Capital, Boca Raton, Fla. "Flexible Foam's long history of producing top-quality polyurethane foam will complement Sleep Innovations' strength in both the retail and OEM markets."
Sleep Innovations, headquartered in West Long Branch, N.J., manufactures standard and specialty polyurethane foam sold to end markets for use in bedding, furniture, auto, packaging and consumer products, and to be sold through the company's retail division. Sleep Innovations' retail brands include Novaform, Bodipedic and Sleep Innovations, and it also sells products under licensed and private retail brands.