Posted June 14, 2017

 

BOCA RATON, Fla. – Hollander Sleep Products, the nation's leading manufacturer of high-quality synthetic-filled bedding products, announced that it has acquired Pacific Coast Feather Company (PCF), the industry-leading manufacturer of down and down-alternative products. Terms of the deal were not disclosed.

 

The newly formed company will retain the corporate name of Hollander Sleep Products. Combined, Hollander and PCF bring a deep heritage of product innovation recognized throughout the retail and hospitality industries. These two companies offer a rich heritage and will create a stronger, more dynamic organization, ideally positioned to serve retailers, consumers and hospitality and institutional customers with a more complete variety of high-quality, innovative bedding solutions.

 

"This transformative acquisition marks a significant milestone in our company's extensive history, and our combined company creates the undisputed leader in utility bedding in North America. The acquisition provides us with a stronger presence in key product categories, as well as access to new distribution channels, and will bring together two complementary companies to create a diverse and dynamic product portfolio consisting of high-value private label and strong national brands," said Mark Eichhorn, CEO of Hollander Sleep Products. "This is an exciting time for both Hollander and PCF, and for all of our partners. The combination will form a stronger company through a focus on innovation and quality, as well as manufacturing efficiencies, and will provide improved value for customers and consumers alike."

 

A large part of the filling material the companies consume is polyester fiberfill, both from virgin and recycled sources, according to Alasdair Carmichael of PCI Wood Mackenzie. It is estimated that the total U.S. market for fiberfill was approximately 1.1 billion pounds (514,000 tons) in 2016, of which approximately 54 percent is imported and 46 percent domestically produced, Carmichael reported.

 

"We're very pleased to be joining the Hollander team and helping to create an even greater company," said Joe Crawford, CEO of Pacific Coast Feather Company. "Bringing together two century-old, American-made companies with unique yet complementary expertise will result in an unequaled resource for the industry."

 

PCF CEO Joe Crawford will serve as president of PCF reporting to Hollander CEO Mark Eichhorn. Further operational and organizational details will be determined throughout the integration process.

 

Source: Hollander Sleep Products and Alasdair Carmichael