M&A Critique

Sheela Foam strategic acquisitions to firm its hold in India

Sheela Foams Limited (“SFL”) incorporated in 1971 is the market leader and the largest manufacturer of Polyurethane Foam in India. The flagship household brands include: ‘Sleepwell’ for mattresses and home comfort, ‘Feather Foam’ a pure PU Foam and ‘Lamiflex’ a polyester foam for lamination. The equity shares of SFL are listed on nationwide bourses.

Kurlon Enterprise Limited (“KEL” or “Kurlo...

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Aniruddha Jain