2 mattress companies agree to continue partnership under new ownership - Furniture Today

2022-09-16 19:35:14 By : Mr. Allen Zeng

Eric Rhea, left, Corsicana Mattress; Mark Kinsley, Englander.

DALLAS – Two leading bedding manufacturers will continue their partnership under the recently bankruptcy court approved acquisition by an equity group.

Under its new ownership by Blue Torch Finance, Corsicana Mattress Co. will continue to manufacture and promote the Englander brand. The two mattress companies became linked in 2021 when Corsicana acquired Symbol Mattress, a former partial owner of Englander.

“Englander is a strong national brand that is very important to us,” said Eric Rhea, Corsicana CEO. “It has a long history of innovation, quality products and customer loyalty that are all highly valued in our industry. Our customers want to sell brands they know and trust. Going forward, Englander will be a prominent part of our portfolio.”

Corsicana filed for Chapter 11 bankruptcy reorganization in June. Late last month, the U.S. Bankruptcy Court for the Northern District of Texas approved the sale of Corsicana to creditor Blue Torch, the company listed in the original Chapter 11 filing.

“Through the restructuring process, it became clear that Corsicana and its leadership team are focused on building and expanding the Englander brand,” said Mark Kinsley, Englander president and CEO. “Our national footprint, extensive product offerings and robust marketing support uniquely position our group to serve retailers seeking better products with bigger margins. We are proud to renew our partnership with Corsicana as the company reorganizes and prepares for growth.”

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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