Sleep Country Canada Holdings is now owned by Fairfax Financial.
Fairfax Financial, a prominent insurance-focused conglomerate, completed an agreement to acquire the leading Canadian mattress retailer, Sleep Country Canada. This significant acquisition highlights Fairfax Financial's strategic investments across various sectors.
Details of the Acquisition
The deal involved Sleep Country Canada Holdings and represented a substantial transaction in the retail and investment landscape.
| Acquirer | Acquired Company | Deal Value (approx.) |
|---|---|---|
| Fairfax Financial | Sleep Country Canada Holdings | C$1.7 billion / US$1.24 billion |
This strategic move brought Sleep Country Canada under the umbrella of a large, diversified financial services company. Sleep Country continues its operations as a key retailer of mattresses and bedding products across Canada, leveraging its established brand and market presence.
