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Sheela Foam acquires 94 66% stake in Kurlon Enterprises for Rs 2,035 crore: Best Media Info

Sheela Foam acquires 94 66% stake in Kurlon Enterprises for Rs 2,035 crore: Best Media Info
bestmediainfo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bestmediainfo.com Daily Mail and Mail on Sunday newspapers.

Sheela Foam confirms acquisition of rival Kurlon, to buy 35% in furniture maker Furlenco

The company is acquiring 94.66 percent of Kurlon Enterprises stake at an equity valuation of Rs 2,150 crore, and 35 percent stake in Furlenco for Rs 300 crore.

India s Furlenco to sell 35% stake for $36 5 million

Sheela Foam, the maker of the mattress brand Sleepwell, will be acquiring a 35% stake in furniture startup Furlenco.

sleepwell parent: Sleepwell parent to acquire Kurl-On and Furlenco for Rs 2,035 crore

Sheela Foam has signed a deal to acquire a 35% stake in online furniture retailer Furlenco furniture for Rs 300 crore. The acquisition of a 95% stake in Kurlon Enterprises values the latter at Rs 2,150 crore. The company plans to complete the buyout by November this year. The acquisition will see Sheela Foam having a pan-India presence and diversification in the customer base.

Sheela Foam to acquire Kurl-on, Furlenco stake for Rs 3,007 crore

Sheela Foam to acquire Kurl-on, Furlenco stake for Rs 3,007 crore
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