M&A Deal Summary

Haworth Acquires Lifestyle Design Group

On February 5, 2014, Haworth acquired furniture company Lifestyle Design Group

Acquisition Highlights
  • This is Haworth’s 1st transaction in the Furniture sector.
  • This is Haworth’s 1st transaction in Italy.

M&A Deal Summary
Date 2014-02-05
Target Lifestyle Design Group
Sector Furniture
Buyer(s) Haworth
Deal Type Add-on Acquisition

Target

Lifestyle Design Group

Tolentino, Italy
Lifestyle Design Group is an Italian furniture manufacturer and design group. The Company was originally established in 1912.

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Buyer(S) 1

Buyer

Haworth

Holland, Michigan, Italy
Category Company
Founded 1948
Sector Furniture
Employees7,500
Revenue 2.3B USD (2019)
DESCRIPTION

Haworth is a global designer, manufacturer, and marketer of furniture. The Company was founded in 1948 and is headquartered in Holland, Michigan.

DEAL STATS #
Overall 1 of 1
Sector (Furniture) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Italy) 1 of 1
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-19 Castelli

Italy

Castelli is an Italian manufacturer of office furniture in the highest quality segment. Castelli designs, manufactures and distributes office furniture. The company currently employs approximately 250 people at its headquarter in San Giovanni/Bologna in Italy.

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