Herman Miller Mergers and Acquisitions Summary

FurnitureCompany

Herman Miller has acquired 10 companies, including 3 in the last 5 years. A total of 2 acquisitions came from private equity firms.

Herman Miller’s largest acquisition to date was in 2021, when it acquired Knoll for $1.8B. Herman Miller has acquired in 5 different US states, and 4 countries. The Company’s most targeted sectors include furniture (80%) and apparel/textiles (10%).

Join Mergr and gain access to Herman Miller’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the furniture sector.

M&A Summary

  • M&A Total Activity10
    • M&A Buy Activity10
  • Total Sectors Invested 3
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 2
  • M&A Advisors 2

Herman Miller

Herman Miller, Inc.

855 East Main Avenue, PO Box 302,
Zeeland, Michigan 49464
United States,
(616) 654-3000
www.hermanmiller.com

Herman Miller researches, designs, manufactures, and distributes interior furnishings for use in various environments including office, healthcare, educational, and residential settings, and provides related services that support organizations and individuals all over the world. Through research, the Company seeks to define and clarify customer needs and problems existing in its markets and to design, through innovation where appropriate and feasible, products, systems, and services that serve as compelling solutions to such problems. Herman Miller's products are sold primarily through independent contract furniture dealers, direct customer sales, owned and independent retailers, direct-mail catalogs, and the company's online stores. Herman Miller was formed in 1905 and is based in Zeeland, Michigan.


M&A Summary

Buy vs Sell

Year ≤ '17 '18 '19 '20 '21 '22 T
Buy (0.6/yr) # 7 - 2 - 1 - 10
vol $423M $46M $1.8B $2.3B
Sell (0.0/yr) # - - - - - - 0
  10

Most Recent M&A

Company Date Value Type
Knoll, Inc. 2021-04-19 1.8B USD Add-on Acquisition
East Greenville, Pennsylvania · www.knoll.com
naughtone 2019-10-29 46M USD Add-on Acquisition
Harrogate, United Kingdom · www.naughtone.com
HAY A/S 2019-10-08 - Stake Purchase
Horsens, Denmark · www.hay.dk
Design Within Reach, Inc. 2014-07-17 154M USD Add-on Acquisition
Stamford, Connecticut · www.dwr.com
Maharam Fabric Corp. 2013-04-24 156M USD Add-on Acquisition
New York, New York · www.maharam.com
POSH Office Systems (HK) Ltd. 2012-04-03 50M USD Add-on Acquisition
Hong Kong, China · www.posh.com.hk
Colebrook Bosson Saunders 2010-03-30 - Add-on Acquisition
London, United Kingdom · www.colebrookbossonsaunders.com
Nemschoff, Inc. 2009-06-24 63M USD Add-on Acquisition
Sheboygan, Wisconsin · www.nemschoff.com
Brandrud Furniture, Inc. 2008-02-01 - Add-on Acquisition
Sheboygan, Wisconsin
Geiger Group, Inc. (Geiger Brickel) 1999-07-30 - Add-on Acquisition
Atlanta, Georgia
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Furniture 8 (80%) 2.0B (86%) - -
Apparel/Textiles 1 (10%) 156M (7%) - -
Retail 1 (10%) 154M (7%) - -
Total 10 $2.3B - -

By Geo

State/Country Buy Value Sell Value
United States 6 2.2B - -
  Wisconsin 2 63M - -
  Pennsylvania 1 1.8B - -
  New York 1 156M - -
  Georgia 1 - - -
  Connecticut 1 154M - -
United Kingdom 2 46M - -
China 1 50M - -
Denmark 1 - - -
Domestic 6 (60%) 2.2B (96%) - -
Cross-border 4 (40%) 96M (4%) - -
Total 10 $2.3B - -

Top M&A Advisors

Financial Deals
Goldman Sachs Investment Banking Division
1
Legal Deals
Wachtell, Lipton, Rosen & Katz LLP
1

Deal Values

buy # Total
> $1B 1 $1.8B
$100M to $1B 2 $310M
< $100M 3 $159M
TOTAL $2.3B
Largest Knoll, Inc.
$1.8B (2021-04-19)

M&A Connections

Deals
Acquired from
Investor(s)
20%
2 (20%)

 Subscribe to unlock this and 181,471
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.3K Private Equity Firms
  • 172K M&A Transactions
  • 177K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.4K M&A Advisors
    (Investment Banks and Law Firms)
  • 63K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.