HIGH POINT– With Purple Innovation’s acquisition of fellow gel grid mattress manufacturer Intellibed this year, 2022 is shaping up to be a busy year in the mergers and acquisitions arena.
Since the turn of the calendar year, the furniture and mattress sectors have seen their fair share of acquisitions. Purple snapping up Intellibed is the latest in a continuous string of news that has consolidation at the forefront of the industry’s mind. As September is just underway, there are four months to go, and if the pace continues, the industry could see four or more additional transactions.
Let’s break it all down, starting with the mattress segment.
The home furnishings side of the business hasn’t been shy about consolidation either. Here’s what it looks like so far this year:
Retailers have also hopped into the fray:
I’m Sheila Long O’Mara, executive editor at Furniture Today. Throughout my 25-year career in the home furnishings industry, I have been an editor with a number of industry publications and spent a brief stint with a public relations agency where I worked with some of the industry’s leading bedding brands. I rejoined Furniture Today in December 2020 with a focus on bedding and sleep products. It’s a homecoming for me, as I was a writer and editor with Furniture Today from 1994 until 2002. I’m happy to be back and look forward to telling the important stories impacting bedding retailers and manufacturers.
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