Stocks in news: Sheela Foam, LTIMindtree, IndusInd Bank, ICICI Pru Life, Patanjali FoodsSheela Foam, which owns the popular “Sleepwell” brand, announced that it will acquire a majority stake in Kurlon Enterprises that owns “Kur...
18 Jul, 2023, 07.26 AM IST
Sleepwell parent to acquire Kurl-On and Furlenco for Rs 2,035 croreSheela Foam has signed a deal to acquire a 35% stake in online furniture retailer Furlenco furniture for Rs 300 crore. The acquisition of a...
17 Jul, 2023, 06.47 PM IST
Sheela Foam to pick 94.66% in Kurlon for Rs 2,150 cr; 35% in Furlenco for Rs 300 crThe acquisition will be funded by a mix of equity, internal accruals, and debt. Although Sheela Foam has a history of acquisition, this is ...
17 Jul, 2023, 05.58 PM IST
Sheela Foam to acquire rival mattress maker Kurlon for Rs 2,000 crore, says reportKurlon sells Kurl-on branded mattresses and it has presence across India with more than 10,000 dealers, 72 branches and stock points. Kurlo...
28 Dec, 2022, 04.00 PM IST
Kurl-on acquires luxury mattress brand Spring Air for Rs 70 croreThe acquisition covers Spring Air’s operations across India, Bangladesh, Sri Lanka and Pakistan.
20 Apr, 2019, 12.33 PM IST
Lighthouse PE buys 25% stake in mattress maker DuroflexDuroflex, which plans to utilise the money raised from Lighthouse to fund its expansion plans, will add over 500 exclusive business outlets...
29 Oct, 2018, 08.00 AM IST
Eyeing Rs 2k cr in revenue, Kurl-on says partnership with IKEA will prove beneficial"Some part of Kurl-on's business did get cannibalized with the opening of IKEA's first store in Hyderabad, but it is not a cause of worry,"...
28 Sep, 2018, 11.42 AM IST
PE firms sounded out for sale of controlling stake in KurlonMotilal Oswal PE (MOPE) invested Rs 90 crore or $13.5 million in Kurlon valuing it at around Rs 1,000 crore in September 2015.
20 Dec, 2017, 04.18 PM IST
Kurlon becomes the first SME to implement SAP S4 HANA for its 9 factoriesKurlon had implemented SAP version 4.7 wayback in 2005. The project did not shape up well owing to several reasons and constraints which le...
27 Jul, 2016, 04.26 PM IST
Kurl-On inks deal with Amazon for online brand storeThe range of sofas available on Amazon will be manufactured in Kurl-On's furniture facility situated in Bangalore.
25 Jan, 2016, 11.04 AM IST
Motilal Oswal PE invests Rs 90 crore in KurlonMotilal Oswal Private Equity Investment Advisors (MOPE) has invested Rs 90 crore in mattress and foam manufacturing company Kurlon.
06 Oct, 2015, 04.38 PM IST
Kurlon to start Rs 50 crore Roorkee plant in July, targets Rs 1000 crore FY 16 revenueThe mattress market is about Rs. 5000-6000 crore, of which one-third is the organized market and Kurlon says it enjoys 45-50 % of that mark...
24 Jun, 2015, 07.30 PM IST
After O&M apology, Piyush Pandey says ads for Kurl-On mattresses legitimatePiyush Pandey, executive chairman O&M said no action is needed and the Bounce Back theme ads depicting Malala, Jobs and Mahatma Gandhi for ...
20 May, 2014, 08.44 AM IST
Kurlon aims to clock Rs 1,000 crore turnover this fiscalLeading mattress maker Kurlon is aiming to clock 25 per cent sales growth and achieve Rs 1,000 crore turnover this fiscal.
02 Sep, 2013, 09.10 PM IST
- Bangalore based mattress maker Peps India in talks to raise 200 crore
Promoters of Peps India has begun independent talks with PE funds New Silk Route, Everstone Capital and Warburg Pincus to raise roughly Rs ...
17 May, 2013, 01.01 PM IST
- Fidelity may buy 15% stake in Kurlon for Rs 150 crore
The deal, which values five-decade old Kurlon at Rs 1,200 crore, signals interest from funds into niche product makers.
07 Feb, 2013, 04.00 AM IST
- Kurl-on to not pass on higher raw material cost to customers
Leading mattress maker Kurl-on today said that it will not hike the price of its products despite a 42 per cent increase in the cost of lat...
11 Jul, 2010, 02.03 PM IST