Vita Group, a portfolio company of Strategic Value Partners, has acquired the USleep division of Belfield Group. Usleep produces a portfolio of foam, spring and hybrid mattresses for a number of the UK’s leading mattress retailers and Bed in the Box (BiB) brands. Usleep’s two sites in Ashton under Lyne and Castle Donnington utilise state-of-the-art machinery to create one of the UK’s most efficient automated mattress production processes.
Based in Manchester, UK, Vita is a global leader in the production of polyurethane foam for applications as varied as automotive, bedding, consumer products, filtration, footwear, furniture, hygiene, industrial, insulation, mattresses, medical, packaging, sports equipment and transport. It operates 37 sites in 14 counties.
Based in London, UK, Strategic Value Partners is a private equity firm with over £18bn under management and with a focus on European special situations valued at between $250m and $1bn.
EC M&A acted as exclusive M&A advisor to Vita Group on this transaction.
