Tempur-Pedic Acquires Canadian Distributor
April 5, 2010,
LEXINGTON, Ky.-Tempur-Pedic has purchased its Canadian distributor, Tempur Canada.
The terms of the transaction were not disclosed. With this acquisition, Tempur Canada has become Tempur-Pedic's wholly owned Canadian subsidiary, and will continue to distribute the parent company's products throughout that country. Over the past four years, Tempur-Pedic has swung similar deals with distributors in Austria, Australia, China and New Zealand.