Skip to main content
Sister Publication Links
  • Middle East Foam & Polyurethane
  • UTECH Asia/PU China
  • UTECH Europe
  • UTECH Las Americas
Subscribe
  • My Account
  • Login
  • Subscribe
  • Ukraine
  • News
    • Asia
    • Americas
    • Europe
    • M & A
    • Financial results
    • Automotive
  • Data
  • Information
    • Country Overview
    • Market Sector overviews
    • Technical articles
    • Company profiles and strategies
  • Events
    • Exhibitions
    • Conferences
    • Webinars / Livestreams
    • Become a Speaker
  • Advertise
  • Contact Us
  • Issues
  • Subscribe
MENU
Breadcrumb
  1. Home
  2. News
April 14, 2016 12:00 AM

Span-America downgrades bedding sales on Sinomax M&A news

Jane Denny
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    Greenville, South Carolina -- Span-America Medical Systems expects bedding sales to drop off between now and the middle of the next financial year.

    The estimate is based on Sinomax USA – which this week announced plans to buy more than 50% of Delaware-based Dormeo – not distributing Span-America’s bedding to its largest retail customer.

    In a statement Span-America said it “expects to transition its largest retail account for consumer bedding products to Sinomax USA, its current distributor for the same account.”

    The account, worth $6.6m, or 10% of total sales over 2015, is expected to move to Sinomax in May 2016, according to a statement from Span-America. Span-America expects sales to Sinomax of $4m in H1 2016 - 11% of Span-America’s total sales, the firm said.

    Span-America president and ceo Jim Ferguson said the situation “provides Span-America with the opportunity to refocus on our core medical business that has a more stable long-term growth record.”

    Span-America manufactures pressure management products, such as foam bedding toppers, for supply to the medical market. It also supplies custom foam products to commercial and industrial markets.

    Recommended for You
    UTECH Awards 2024 nominations open
    UTECH Europe 2024 – Polyurethane Awards open for entries
    corn maize 800
    BASF deal with Qore secures supply of raw material for biobased TPU
    Novel XDI-based crosslinker creates flexible adhesives with good recovery
    Novel XDI-based crosslinker creates flexible adhesives with good recovery
    Latest Issue
    urethanes technology
    Get the latest edition here
    View All Archives
    Get our newsletters

    Breaking news and in-depth coverage of essential topics delivered straight to your inbox.

    Subscribe today

    Register to access our archive of leading information on the polyurethanes industry.

    Subscribe now
    Connect with Us
    • Twitter
    • LinkedIn
    • Facebook
    • Youtube

    Follow us on social media for the latest polyurethanes industry news and event updates.

    Logo
    Contact Us

    Crain Communications
    11, Ironmonger Lane
    London
    EC2V 8EY
    United Kingdom

    Editorial
    Phone +44 (0) 20 3287 5935
    Email click to send

    Customer Service
    Phone +1 313 446 0450
    Email click to send

    Resources
    • Advertise with Us
    • Media Kit
    • Staff
    • Careers
    • Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • Ukraine
    • News
      • Asia
      • Americas
      • Europe
      • M & A
      • Financial results
      • Automotive
    • Data
    • Information
      • Country Overview
      • Market Sector overviews
      • Technical articles
      • Company profiles and strategies
    • Events
      • Exhibitions
      • Conferences
      • Webinars / Livestreams
      • Become a Speaker
    • Advertise
    • Contact Us
    • Issues
    • Subscribe