Sleep County Canada Holdings Inc. announced Monday it will acquire Casper Sleep Inc.'s Canadian operations.
Toronto-based mattress retailer Sleep Country will pay US$20.6 million for the U.S. mattress-in-a-box company's Canadian assets.
Sleep Country president and CEO Stewart Schaefer said Casper invested more than US$1 billion globally "to build a leading brand that elevated the importance of a good night's sleep for all." He said the company is excited to work with Casper as it continues executing its long-term strategic growth plan.
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