Mattress Firm Deals for Factory Mattress & Water Bed Outlet
December 6, 2012,
HOUSTON-Mattress Firm has signed an agreement to acquire the assets and operations of Factory Mattress & Water Bed Outlet of Charlotte for $11.2 million.
A Mattress Firm statement said the closing of the deal is expected to take place by the end of the fiscal fourth quarter, or about the end of January. Factory Mattress & Water Bed Outlet has 28 mattress specialty stores in North Carolina and South Carolina, all branded as Mattress Source. Mattress Firm said it intends to rebrand the stores as Mattress Firm subsequent to the closing.