Sheela Foam, the manufacturer of the popular brand Sleepwell, has made a significant acquisition that is expected to establish its position as a market leader. This merger is projected to bring several benefits to Sheela Foam and solidify its position in the industry. Kurlon is a widely recognized brand in the mattress market, and its acquisition will allow Sheela Foam to expand its product portfolio and customer base. According to a report by Economictimes.indiatimes.com, this acquisition has the potential to bring about a positive transformation for Sheela Foam. Overall, the acquisition of Kurlon positions Sheela Foam as a formidable market leader in the mattress industry.

Source: Economic Times July 21, 2023 18:17 UTC