Sheela Foam to buy mattress maker Kurlon for $262 million

india’s sheela foam has decided to acquire rival kurlon for 21.5 billion rupees ($262.09 million). this strategic move aims to increase sheela foam’s market presence, capitalize on cost advantages, synergies and improved access to materials. according to reports, the kurlon company is known for the famous mattress brand kurl-on. the acquisition will nearly double the…