FL Partners bought Kaymed from the Woolfson Family, in what was FL’s first transaction.
Kaymed is an internationally renowned, premium foam and mattress manufacturer in Ireland known for its excellent product quality and wholly owned brands including Kayfoam, Kaymed, King Koil, Odearest and iGel. Kaymed is also one of the leading manufacturers of beds for the emerging European Bed in a Box sector.
FL sold Kaymed to Leggitt & Platt, Inc. (NYSE: LEG) - a $7.4bn US plc specialising in the manufacture of bedding components and similar products - in June 2021 for a significant multiple on investment.