Sun European Partners: Sun European Affiliate Agrees to Sell Dreams
Sun European Partners, LLP ("Sun European Partners" or "Sun European"), a leading private investment firm focused on defensible businesses in growing markets with tangible performance improvement opportunities, today announced that its affiliate has signed a definitive agreement to sell Dreams ("the Company") to Tempur Sealy International (NYSE: TPX), a global manufacturer of mattresses and bedding products.
Founded in 1985 and based in High Wycombe, Dreams is the leading bed and mattress specialist in the UK. The Company sells 11,500 mattresses, bases and headboards per week in the UK through its store network of over 200 sites and online. Dreams was acquired by an affiliate of Sun European in 2013.