A federal court in January denied antitrust regulators’ latest move against the deal, which creates a conglomerate of three decentralized business units and the largest bedding company in the world.

The world’s largest mattress supplier and manufacturer said its Mattress Firm, Dreams and Tempur Sealy businesses will operate as decentralized units under the Somnigroup umbrella after the name change,

Mattress maker Tempur Sealy International (TPX) has finally put its almost two-year-long $5 billion acquisition of retailer Mattress Firm Group

Mattress Firm will operate under the Somnigroup International umbrella, the new name for the combined Tempur Sealy and Mattress Firm group.

The company said the move follows a federal court ruling which denied the FTC’s request for a preliminary injunction to halt the closing

Tempur Sealy International completes acquisition of Mattress Firm, rebrands as Somnigroup International Inc, highlighting growth opportunities.

Lexington, Kentucky-based Tempur Sealy International Inc. (NYSE: TPX) finally completed its $5 billion acquisition of Houston-based Mattress Firm Group Inc. When it was announced in May 2023, the deal was valued at $4 billion.

Tempur Sealy International, Inc. today announced that it has completed its previously announced acquisition of Mattress Firm Group Inc., the nation's largest mattress specialty retailer.