Sheela Foam Acquires Kurlon And Furniture Maker Furlenco

Equity investors on Dalal Street gave the thumbs up to Sheela Foam after the company announced the acquisition of a nearly 95 per cent stake in Kurlon Enterprises for Rs 2,150 crore and a 35 per cent stake in online furniture firm Furlenco for Rs 300 crore. BTTV's Sakshi Batra spoke to the company's CMD Rahul Gautam to understand what the Kurlon, Furlenco acquisitions mean for Sheela Foam.