Daily News
From Home Furnishing Business
Sleep Country Canada Acquires Hush Blankets
October 24,
2021 by Laurie Northington in Business Strategy, Industry 
Sleep Country Canada has announced it acquisition of Hush Blankets. The completion of this deal marks Hush's next phase of growth and the expansion of Sleep Country's sleep ecosystem.
"This is an exciting day for Sleep Country as we welcome Hush into our portfolio of innovative sleep brands," said Stewart Schaefer, president of Sleep Country Canada. "Together, this is a powerful partnership that will drive even more digital opportunities and further build out our portfolio of innovative sleep products."
"Today is an incredible milestone for our company as we join forces with Sleep Country, Canada's leading omnichannel sleep retailer," said Lior Ohayon, co-founder of Hush. "We are eager to start our next chapter, expand our product line and keep pushing the boundaries of the sleep industry for the benefit of customers around the world."
"We are excited to close the deal today and solidify this partnership with Sleep Country, a best-in-class Canadian brand," said Aaron Spivak, co-founder of Hush. "We're optimistic and enthusiastic to continue our growth trajectory and deliver superior experiences to our dedicated Hush community."
Hush will continue to operate as an independent entity led by Ohayon and Spivak in their respective roles. Hush's board will be comprised of the senior management of Sleep Country and Hush.
PwC acted as exclusive accounting services advisor to Sleep Country Canada, with Davies Ward Philips & Vineberg LLP serving as legal counsel. DLA Piper (Canada) LLP served as legal counsel for Hush.