Kurl-on Acquired Spring (Air), American Company eyeing Rs 2,200 crore Revenue in 2 years - 19.04.2019

Kurl-on has acquired international mattress brand Spring Air for an undisclosed amount, the Indian mattress and home furniture brand announced in Mumbai on April 16. “The acquisition will strengthen our presence in the premium bedding segment, besides enabling us to meet the fast-growing demand in the hospitality sector. The acquisition is in line with our aggressive expansion strategy of increasing our product portfolio and retail presence,” Sudhakar Pai, Chairman and Managing Director, Kurl-on, said.   Read the full report here