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Exclusive: Sheela Foam to now buy Kurlon Enterprise for Rs 2,150 crore

If the deal to take over the Kurlon mattress maker goes through, the expectation is that Sheela Foam which is known for the Sleepwell brand, will nearly double its market share to 40 percent.

Sheela Foam shares zoom 11% on deal to buy Kurlon for Rs 2,150 crore

Moneycontrol previously stated that the potential acquisition of Kurlon Enterprise, a company renowned for producing mattresses under the Kurl-on brand, would enhance the company s market presence.

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