Is Benson for Beds closing down?
The owner of Bensons for Beds is close to reacquiring it through a pre-pack administration, Sky News understands. The owner of the Harveys furniture chain and Bensons for Beds is closing in on a restructuring that is expected to involve the appointment of administrators in the coming weeks.
Are dreams and Bensons for Beds the same company?
However, the business, which already owns Bensons for Beds and Harveys, has since abandoned the bid due to competition concerns. Dreams was bought out of administration by Sun European in 2013 and have since delivered a dramatic business turnaround, posting a 136% leap in pre-tax profits to £32m in 2016.
Who makes beds for Bensons?
Alteri Investors
Bensons for Beds
| Type | Limited |
|---|---|
| Headquarters | Accrington, Lancashire, England, United Kingdom |
| Number of locations | 270 (February 2016) |
| Products | Beds mattresses bedroom furniture |
| Owner | Alteri Investors |
Are Harveys and Bensons for Beds the same company?
HARVEY’S furniture store has collapsed into administration but partner retailer Bensons for Beds has been saved. PWC was appointed administrators on Tuesday. It says the Bensons arms of the business has been sold, protecting almost 2,000 jobs.
Where are Bensons for Beds based?
Accrington, Lancashire
Headquartered in Accrington, Lancashire, Bensons for Beds has a dedicated manufacturing site based in Huntingdon, Cambridgeshire, where more than a third of its beds, divans and mattresses are made, as well as distribution centres in Ayr, Huncoat and Tewkesbury.
Where are Benson for beds mattresses made?
Headquartered in Accrington, Lancashire, Bensons for Beds has a dedicated manufacturing site based in Huntingdon, Cambridgeshire, where more than a third of its beds, divans and mattresses are made, as well as distribution centres in Ayr, Huncoat and Tewkesbury.
Is dreams going bust?
Dreams, Britain’s biggest beds retailer, has collapsed into administration with the loss of 400 jobs. More than 90 of its stores will be closed, but the remaining 171 shops, and 1,675 jobs, are being saved due to a £35m pre-pack administration with the owners of the rival bed and sofa company, ScS.
Is Benson for Beds in administration?
Harveys and Bensons for Beds have entered administration, although the latter has been bought back by their owner in a pre-pack deal. The brands were acquired by Alteri Investors last November from Steinhoff but on Tuesday PwC were appointed as administrators.
Is Dreams owned by Tempur?
Tempur Sealy has bought Dreams in a move that it says will take its direct-to-consumer sales to to $1bn (£0.7bn) a year. The US mattress brand is paying $475m (£334.9m) for the multichannel beds and mattresses retailer, which sells from more than 200 shops and online.
Who is the CEO of Dreams?
Mike Logue (Aug 2013–)Dreams / CEO
Are Dreams beds in trouble?
Who bought Sealy?
Tempur-Pedic International
In September 2012, Tempur-Pedic International (TPX) announced an agreement to purchase Sealy (NYSE:ZZ) for about US$229 million.