Airsprung is a British brand of beds and other furniture, headquartered in
Trowbridge,
Wiltshire and run by Airsprung Group plc.
History
A mattress factory, Chapmans of Trowbridge, was founded in 1871 in Trowbridge, the county town of Wiltshire, and began using the Airsprung brand name in the 1930s or 1940s. Airsprung Limited was founded in 1965. By 1987, the company was the UK's second-largest manufacturer of beds.
In 1988 the company built a factory in
South Yorkshire to make pine furniture.
Ownership
Airsprung Group was floated on the London Stock Exchange, on the
Over the Counter Market, on 22 November 1976 with shares selling for 27p. At this point, the company was the UK's largest manufacturer of
bunk beds, and the UK's sixth-largest manufacturer of beds, with 5.8% of the UK market in 1975. The company's turnover in 1975 was £5.7m, with sales of £7.3m expected for 1976. The company made £553,000 in profit in 1975.
On 16 December 1982 it bought the
Slumberland Ltd Slumberland may relate to:
* Slumberland Furniture, a furniture retailer in the midwestern United States
* Slumberland Records, originally a Washington, D.C. area, now Oakland CA-based independent indiepop label,
* ''Little Nemo in Slumberland'', a ...
bed manufacturer for £2.25m; Slumberland at the time was turning over around £8m, but had suffered a £1m loss in 1981.
The company joined the
Unlisted Securities Market
The Unlisted Securities Market (USM), which ran from 1980 to 1996, was a stock exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, ...
(USM) in June 1986. By 1987, the company was turning over £24m.
The company's shares traded on the
Alternative Investment Market (AIM) from 1991 until 16 December 2011, when the shares were acquired by Portnard Limited, a Jersey company.
Structure
The company's headquarters and factory is on the B3106 in the north of Trowbridge. , the company had revenue of £40m and around 500 employees.
Products
* Beds
* Furniture
*
Mattress
A mattress is a large, usually rectangular pad for supporting a lying person. It is designed to be used as a bed, or on a bed frame as part of a bed. Mattresses may consist of a quilted or similarly fastened case, usually of heavy cloth, conta ...
es
* Storage-drawer
divans
* Upholstery
References
External links
* {{Official website
Airsprung Beds
Bed manufacturers
British companies established in 1871
Companies based in Wiltshire
Furniture companies of England
Mattress retailers of the United Kingdom
Trowbridge
British furniture makers
Manufacturing companies established in 1871