Somnigroup Acquires Leggett & Platt in an All-Stock Transaction
April 13, 2026
Somnigroup International has signed a definitive agreement to acquire Leggett & Platt in an all-stock deal valued at approximately $2.5 billion. Leggett & Platt shareholders will receive 0.1455 shares of Somnigroup stock per share, with Leggett & Platt expected to operate as a separate business unit within Somnigroup after closing.
- Buyers
- Somnigroup International Inc.
- Targets
- Leggett & Platt, Incorporated
- Industry
- Industrial Services
- Location
- Missouri, United States
- Transaction Type
- Buyout
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