Bain Capital Private Equity is buying Innocor Inc., a manufacturer of foam and home furnishing products, from Sun Capital Partners Inc. While financial terms were undisclosed, the deal is expected to close in the first quarter of 2017.
Innocor, headquartered in Red Bank, New Jersey, is a producer of polyurethane foam products for a variety of industries. Through its Innocor Comfort consumer division and Innocor Foam Technologies commercial division, the target manufactures an array of products, including: memory foam mattresses, pillows, specialty sleep products, carpet cushions, furniture, kitchen and utility mats, and mattress toppers. Innocor markets its products under the Sleep Innovations and Novaform brands from the company’s 22 manufacturing plants and distribution centers across the U.S.