Tempur Sealy Completes Name Change to Somnigroup International
Somnigroup International Inc. (“Company” or “Somnigroup”), formerly Tempur Sealy International, announced the completion of its name change. Shares of Somnigroup common stock trade on the New York Stock Exchange under the ticker symbol “SGI.”
Scott Thompson, Somnigroup Chairman and CEO said, “Somnigroup is the world’s largest bedding company, with superior capabilities in design, manufacturing, distribution and retail while owning a portfolio of the most highly recognized brands in the industry.
The name Somnigroup is derived from the Latin words “somn,” meaning sleep, “omni,” meaning all, and “group” to reflect our position as a global provider of sleep solutions with an integrated omni-channel strategy.
Somnigroup has a portfolio of outstanding businesses – Tempur Sealy, Dreams and Mattress Firm. Our portfolio of iconic brands includes Tempur-Pedic®, Sealy®, Stearns & Foster®, and Sleepy’s, in addition to our private label and OEM products, all diversifying sales streams across our global platform that allows us to meet consumers wherever they shop.
“We are committed to providing breakthrough sleep solutions that meet the diverse sleep needs of consumers all over the world, while delivering long-term growth for our shareholders. We look forward to continuing to improve people’s lives through better sleep for the next 100 years and beyond,” continued Thompson.
For more information about Somnigroup and its portfolio of award-winning brands and products, visit: www.Somnigroup.com.
About Somnigroup
Somnigroup (NYSE: SGI) is the world’s largest bedding company, dedicated to improving people’s lives through better sleep. With superior capabilities in design, manufacturing, distribution and retail, we deliver breakthrough sleep solutions and serve the evolving needs of consumers in more than 100 countries worldwide through our fully-owned businesses, Tempur Sealy, Mattress Firm and Dreams. Our portfolio includes the most highly recognized brands in the industry, including Tempur-Pedic®, Sealy® and Stearns & Foster®, and our global omni-channel platform enables us to meet consumers wherever they shop, offering a personal connection and innovation to provide a unique retail experience and tailored solutions.
We seek to deliver long-term value for our shareholders through prudent capital allocation, including managing investments in our businesses. We are guided by our core value of Doing the Right Thing and committed to our global responsibility to protect the environment and the communities in which we operate. For more information, please visit www.Somnigroup.com.
Contact:
Aubrey Moore – Investor Relations – investor.relations@tempursealy.com – (800) 805-3635
Source: Somnigroup International, Inc.