Sleep Country Canada Acquires Sleep Number in Chapter 11 Asset Sale

June 12, 2026

Sleep Country Canada acquired substantially all of the assets of Sleep Number through a court-supervised Chapter 11 (Section 363) process. The deal was announced in June and completed on July 21, 2026, expanding Sleep Country Canada into the U.S. and making it the second-largest sleep retailer in the world.

Buyers
Sleep Country Canada Inc.
Targets
Sleep Number Corporation
Industry
Retail
Location
Minnesota, United States
Transaction Type
Buyout

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