Herman Miller Acquires Knoll, Creating Market Leader in Modern Design
July 19, 2021
Herman Miller completed its previously announced acquisition of Knoll, Inc., combining the two companies into a global leader in modern furniture and design. The transaction converted each Knoll share into 0.32 Herman Miller shares plus $11.00 in cash, leaving Herman Miller shareholders with about 78% of the combined company and Knoll shareholders with about 22%.
- Buyers
- Herman Miller
- Targets
- Knoll, Inc.
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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