Sleep Country Canada Holdings Inc., a leading multi-channel professional sleep retailer in Canada (Toronto Stock Exchange: ZZZ), has announced its plans to acquire 100% ownership of the Canadian assets of Casper Sleep Inc., a cutting-edge sleep brand in the United States (referred to as “Casper”).
According to the terms of the deal, Sleep Country has agreed to acquire nearly all of Casper’s Canadian assets. Sleep Country will pay $20.6 million upon completion of the transaction and will receive a total of $4.5 million in marketing transition fees from Casper over the …
