Kingsdown inks partnership agreement for 6 Central American countries

MEBANE, N.C. – Kingsdown has signed a new a few-yr licensing arrangement to develop the mattress model during 6 of the seven Central American countries.

The new partnership with vertically built-in Grupo Diveco in Guatemala Metropolis, Guatemala, extends Kingsdown’s product or service into Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.

Grupo Diveco, established in 1971, operates factories in Guatemala and Honduras and 5 distribution centers. The organization is owned by the Dimitrakis loved ones, which also operates Snooze Gallery, a slumber retailer all through the location. Grupo Diveco has three divisions: mattress generation, lumber and retail.

The company’s Nativa Forestry Group, sources lumber applied in earning foundations, and Grupo Diveco manufactures its coils and would make the foam applied in mattresses.

“Grupo Diveco is the best licensee to signify Kingsdown in Central The us,” reported Frank Hood, president and CEO of Kingsdown. “For the earlier 52 decades, Grupo Diveco has developed a legacy of innovation and generation of large-quality merchandise that elevate the rest encounter. Our organizations are extremely likeminded, and we are proud to sign them as a licensee.”

Last month, Grupo Diveco hosted a celebration in Guatemala Town to mark the new partnership.

“We are excited about the foreseeable future and dedicated to our intention of raising rest benchmarks in Guatemala and the full Central American region,” said Georgia Dimitrakis, regional franchise supervisor of Grupe Diveco. “By partnering with Kingsdown, we are bringing the luxurious of complete convenience, exclusivity and unmatched rest to Central American properties.”

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The submit Kingsdown inks partnership settlement for 6 Central American countries appeared initially on Furnishings These days.