Therapedic International Signs New South African Licensee

Furniture World News Desk on 11/14/2024

Therapedic International announced its newest licensing partner, BedFounders (PTY) Ltd, a leading manufacturer of custom and private-label sleep products in the South African market.

Since 2012, BedFounders has supplied South Africa with the value-driven house brands and private label mattresses. It has grown significantly since it rebranded two years ago and serves a diverse portfolio of retail partners including national, independent and specialty bedding retailers. Last year, it moved into a new factory, designed and constructed specifically to expand the business on a national and global scale.

Led by Managing Director Johann de Meyer, BedFounders is poised for an exciting brand launch in January, rolling out its Therapedic products in the following two months.

“The South African bedding market is ready for a new international brand, and Therapedic, with its leading innovation, technology, and versatile range of products, is the perfect match. The positioning of the Therapedic brand and product offerings will allow for differentiation and newness in this market, creating value for our retail partners and end users, and providing organic and sustained growth for years to come,” said de Meyer.

According to de Meyer, a growing middle class in the South African market is creating greater demand for quality and affordable sleep products, and trends indicate a shift and need for options with modern designs and affordable luxury. He noted that key market segments such as household and hospitality industries are seeking comfort, sustainability, innovation and improved quality of life which sleep products directly impact.

Therapedic International CEO/President Gerry Borreggine believes the new partners are aligned in their passion for value-driven, quality sleep products, and said, “BedFounders has a culture of superior service; they are hyper-focused on it and seek to exceed expectations. It shows in their people on the factory floor and carries through in their products.”

With the support of diverse investment firm VEA Group and its Managing Director Marno Nel, BedFounders has the backing needed to propel sustainable growth for all stakeholders and to drive innovation, foster resilience and maintain a high level of entrepreneurship.

About Therapedic

Therapedic has over 65 years of experience as a mattress and sleep products manufacturer. Operating on six continents, with over 50 licensees’ products under the Therapedic brand label, it is a recognized top 10 mattress brand. In addition to key channels of distribution including Top 100 retailers, Therapedic top-of-bed products are now available at key retailers in each tier of the retail environment.