Advent's Serta Simmons Bedding buys licensee Canwest Bedding

The Canadian subsidiary of Serta Simmons Bedding LLC has acquired Canwest Bedding Ltd, an independent Serta licensee. No financial terms were disclosed. Serta, the Atlanta, Georgia-based owner of bedding brands National Bedding Co LLC and Simmons Bedding Company LLC, said Canwest will continue to operate from its current location in Winnipeg, supplying customers in Manitoba, Saskatchewan and Ontario. Serta has been a portfolio company of U.S. private equity firm Advent International since October 2012.

14 August 2015•3 mins read
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