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American company that manufactures mattresses From Wikipedia, the free encyclopedia
Tempur Sealy International, Inc. is an American manufacturer of mattresses and bedding products.
This article relies largely or entirely on a single source. (January 2020) |
Company type | Public |
---|---|
NYSE: TPX S&P 400 Component | |
Industry | Furnishings |
Founded | 2012Sealy Corporation into Tempur-Pedic) | (merger of
Headquarters | , U.S. |
Key people | Scott L. Thompson (chairman, president and CEO) |
Products | Bedding |
Brands | Sealy Posturepedic Tempur Tempur-Pedic Stearns & Foster Bassett |
Revenue | US$4.930 billion (FY 2021)[1] |
US$912.3 million (FY 2021)[1] | |
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 | www.tempursealy.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]
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