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Sleepwell owner Sheela Foam to buy rival Kurlon Enterprise for Rs 3,250 cr
The deal will help Sheela Foam to nearly double its market share in the mattresses segment, said the report
Sheela Foam to buy rival mattress maker Kurl-on for Rs 2,000 crore
The combined entity will have a market share of more than 50 per cent in India's organised mattress space
Sheela Foam to buy rival mattress maker Kurlon for $241 million: Report
Indian mattress maker Sheela Foam Ltd will soon acquire competitor Kurlon for 20 billion rupees ($241.29 million), ET Now reported on Wednesday, citing sources
Kurl-on looks at acquisitions, aims to become a home furnishings company
The company plans to achieve a turnover of Rs 1,500 crore by next year
Kurlon plans major expansion in Chhattisgarh
It will increase its Kurlon Mattress Xpress outlet to 5 from existing 2 located in Raipur, Bhilai
Kurlon to expand presence; make furniture, sofas in Odisha
Chairman T Sudhakar Pai said investment on this expansion can go up to Rs 200 crore
