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“With their deep industry experience, we will focus on accelerating our growth plans and further integrating vertically into raw materials.” Steinhoff, an integrated retailer that manufactures, sources and sells furniture, household goods and clothing in Europe, Africa and Australasia, announced in September the completion of an agreement to acquire Mattress Firm, the largest mattress retailer in the U.S. The investment in Sherwood marks an expansion ชุดผ้าปูที่นอน ราคาส่ง of the Company’s North American operations in the mattress category, specifically in their manufacturing division. Sherwood, a third-generation independently owned bedding manufacturer, operates four manufacturing facilities across the U.S., with plans to open more in the Northeast and Northwest, and serves as a manufacturing partner for several leading retailers. “We are extremely excited to partner with Steinhoff to continue to grow our mattress business,” said Neil Ellman, co-president of Sherwood. “With their deep industry experience, we will focus on accelerating our growth plans and further integrating vertically into raw materials.” Lance Ellman, co-president of Sherwood added, “This was an opportunity to take on a partner that will work with Sherwood and our management team to expand for the future. Existing management along with Neil and I will continue to operate the business and we are excited about the long-term growth of the company. Steinhoff brings a worldwide network of suppliers to the table. We believe this will enable us to continue to offer exceptional value to all of our customers.” The transaction is expected to close by July 15, 2017. Sherwood, a third-generation independently owned bedding manufacturer, operates manufacturing facilities across the U.S. and serves as a manufacturing partner for several retailers.

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