M&A Deal Summary |
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Date | 2011-11-14 |
Target | Artco-Bell |
Sector | Furniture |
Buyer(s) | HNI |
Sellers(s) | Sagus International |
Deal Type | Divestiture |
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HNI is a provider of products and solutions for the home and workplace environments. HNI is a global office furniture manufacturer. HNI was founded in 1944 and is based in Muscatine, Iowa.
DEAL STATS | # |
---|---|
Overall | 4 of 8 |
Sector (Furniture) | 4 of 6 |
Type (Divestiture) | 3 of 3 |
State (Texas) | 1 of 1 |
Country (United States) | 4 of 7 |
Year (2011) | 4 of 4 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2011-11-14 |
Sagus International
Oakbrook, Illinois, United States Sagus International, Inc., is a designer and manufacturer of furniture for the educational, hospitality and healthcare industries. Sagus' primary products include: student chairs and desks; teacher chairs, desks and file cabinets; school cafeteria and classroom tables; music room stages and risers; conference and training folding tables and caddies; and casework (custom) cabinets and tables for classrooms, laboratories and other end-uses. Sagus is headquartered in Chicago and employs approximately 600 people. Sagus operates through three divisions |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2012-08-13 |
BP Ergo
Mumbai, India BP Ergo Ltd., is a manufacturer and marketer of office furniture. |
Buy | - |
Category | Company |
---|---|
Founded | 2001 |
Sector | Furniture |
Employees | 600 |
Revenue | 56M USD (2011) |
Sagus International, Inc., is a designer and manufacturer of furniture for the educational, hospitality and healthcare industries. Sagus' primary products include: student chairs and desks; teacher chairs, desks and file cabinets; school cafeteria and classroom tables; music room stages and risers; conference and training folding tables and caddies; and casework (custom) cabinets and tables for classrooms, laboratories and other end-uses. Sagus is headquartered in Chicago and employs approximately 600 people. Sagus operates through three divisions
DEAL STATS | # |
---|---|
Overall | 3 of 3 |
Sector (Furniture) | 3 of 3 |
Type (Divestiture) | 3 of 3 |
State (Texas) | 1 of 1 |
Country (United States) | 3 of 3 |
Year (2011) | 3 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2011-11-14 |
Midwest Folding Products
Chicago, Illinois, United States Midwest Folding Products, Inc., is a manufacturer of institutional furniture. The bulk of Midwest’s sales are derived from two principal product lines, mobile tables and folding tables. The majority of Midwest’s products are sold to schools, hotels and other institutions. |
Sell | - |