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Top Furniture Today News
North Carolina · North CarolinaSomnigroup International has taken a passive minority stake in Mebane mattress maker Kingsdown, while Novacap retains its majority ownership. CEO Frank Hood said the move affirms confidence in Kingsdown’s 120-year legacy and growth plans. Somnigroup, formerly Tempur Sealy International, has recently expanded through acquisitions including Mattress Firm and U.K. retailer Dreams.See the Story
