Pacific Coast Feather, United Feather Make Merger Deal
Posted on February 25, 2011 by
SEATTLE-In a move that changes the face of the basic-bedding industry, Pacific Coast Feather and United Feather & Down have reached an agreement to merge.
The newly combined company, which has a combined history of 325 years in the utility bedding business, will have an estimated $300 million in annual sales, according to a statement from Pacific Coast Feather. Their presences are particularly strong in the market for down- and feather-filled comforters, bed pillows and mattress pads.
Eric Moen, president and chief executive officer of Pacific Coast Feather, will remain in this role. Brandon Palmer and Steve Palmer, co-presidents of United Feather, will retain their posts as well. The combined company will keep its headquarters here but will also maintain the United Feather office in the Chicago area.
"The two companies have rich histories in the industry and have considered combining forces many times over the years," Moen said. "Merging now allows us to accelerate our growth strategy and positions us to offer even greater value and service to our customers and partners."