Silk & Snow

Sleep Country Canada Holdings Inc. acquired substantially all of Silk & Snow's assets in January 2023, and Toronto-based Fairfax Financial Holdings Limited, led by chairman Prem Watsa, acquired Sleep Country outright in October 2024. Confidence is reported rather than verified because this comes from company press releases, not a corporate registry filing.

• Sleep Country Canada Closes Acquisition of Silk & Snow press “Sleep Country has acquired substantially all of the assets of Silk & Snow for approximately $24.0 million in cash at closing”
• Sleep Country Completes Arrangement with Fairfax press “a newly-formed and wholly-owned subsidiary of Fairfax Financial Holdings Limited ("Fairfax") (TSX: FFH ) (TSX: FFH.U ) has acquired all of the issued and outstanding common shares of Sleep Country for $35.00 in cash per common share.”
• Sleep Country to be acquired by Fairfax Financial Holdings for $1.7 billion press “a subsidiary of the Toronto-based financial holding company acquire all issued and outstanding common shares of Sleep Country for $35 per share”

Silk & Snow states its mattresses are made in Toronto and its down duvets in Mississauga, Ontario, its bed sheets, duvet covers and towels are manufactured in Guimaraes and Santo Tirso, Portugal, and its wooden bed frames are made in Vietnam. The mix is estimated by product line since the company does not publish manufacturing volume or revenue by product.

• Silk & Snow Mattress - Silk & Snow Canada vendor_statement “Our mattress is made by skilled Canadian craftspeople, using the highest-quality foam and textiles sourced from leading Canadian manufacturers.”
• Down Duvet - Silk & Snow Canada vendor_statement “The final product is crafted by an experienced Canadian manufacturer in Mississauga, Ontario.”
• Egyptian Cotton Bed Sheets - Silk & Snow Canada vendor_statement “Manufactured in the historical textile city of Guimarães in Portugal, these Egyptian Cotton sateen sheets are woven with centuries of expert craftsmanship behind every stitch.”
• Wooden Bed Frame - Silk & Snow Canada vendor_statement “Made in Vietnam using Acacia/Rubberwood from Southeast Asia”

Silk & Snow's head office is in downtown Toronto and its retail showrooms operate across Ontario, Quebec, Alberta, British Columbia, Manitoba and Saskatchewan, with no offices or stores found outside Canada.

• Careers - Silk & Snow Canada vendor_statement “While we have a beautiful downtown Toronto office space, we trust our employees to know where they are the most productive.”
• Our Locations - Silk & Snow Canada vendor_statement “Please visit one of our retail stores to feel the quality our brand was built upon.”

Documented material inputs are mostly non-Canadian: Egyptian cotton for sheets and towels, European flax grown in France and Belgium, organic latex from Sri Lanka for the organic mattress, and acacia and rubberwood from Southeast Asia for furniture, with only the mattress coils made from Canadian steel.

• Egyptian Cotton Bed Sheets - Silk & Snow Canada vendor_statement “Fully traceable cotton, sourced only from Egypt.”
• Flax Linen Bed Sheets - Silk & Snow Canada vendor_statement “Made with 100% European flax, sourced from fields in France and Belgium.”
• Silk & Snow Organic Mattress - Silk & Snow Canada vendor_statement “Our GOLS-certified organic latex is sourced by an experienced latex manufacturer in Sri Lanka.”
• Wooden Bed Frame - Silk & Snow Canada vendor_statement “We strictly use natural Acacia and Rubberwood sourced from sustainable plantations across Southeast Asia.”
• Silk & Snow Hybrid Mattress - Silk & Snow Canada vendor_statement “Our coils are forged in Canada with 100% Canadian steel.”