Kurl-on acquires US firm Spring Air

Date posted: Wednesday 17 April 2019

Mattress maker Kurl-on has acquired the US-based brand Spring Air, which specialises in orthopaedic beds, for an undisclosed amount. The acquisition covers Spring Air’s operations across India, Bangladesh, Sri Lanka and Pakistan. The acquisition will strengthen Kurl-on’s presence in the premium bedding segment, besides enabling it to penetrate the fast-growing demand in the hospitality sector and is in line with its aggressive expansion strategy of both its product portfolio and retail presence.

(Live Mint)