Somnigroup International

Somnigroup International Inc. is an American manufacturer of mattresses and bedding products.

Somnigroup International Inc.

Formerly	Tempur Sealy International, Inc.
Company type	Public
Traded as	NYSE: SGI S&P 400 component
Industry	Furnishings
Founded	2012; 13 years ago (2012) (merger of Sealy Corporation into Tempur-Pedic)
Headquarters	Lexington, Kentucky , U.S.
Key people	Scott L. Thompson (chairman, president and CEO)
Products	Bedding
Brands	Sealy Posturepedic Tempur Tempur-Pedic Stearns & Foster Bassett Mattress Firm
Revenue	US$4.930 billion (FY 2021)[1]
Operating income	US$912.3 million (FY 2021)[1]
Net income	US$624.5 million (FY 2021)[1]
Total assets	US$4.323 billion (FY 2021)[1]
Total equity	US$285.8 million (FY 2021)[1]
Number of employees	12,000 (As of Dec. 31, 2021)[1]
Subsidiaries	Sealy Corporation Tempur-Pedic Dreams
Website	somnigroup.com

The company was formed when Tempur-Pedic International, a manufacturer of memory foam mattresses, acquired its biggest competitor Sealy Corporation in 2012.^[2][3] 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 FTC due to concerns about its impact on competition in the space.^[4]

See also

• Sleep hygiene
• Memory foam
• Foam rubber