Steelcase Officially Sold to Iowa-Based Company in $2.2B Deal
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4 Articles
HNI Corp. Completes Acquisition of Steelcase in Grand Rapids
Grand Rapids office furniture manufacturer Steelcase Inc. has been acquired by HNI Corp. in Iowa. // Photo courtesy of Steelcase HNI Corp. in Iowa today announced the completion of its acquisition of Steelcase Inc. in Grand Rapids, which is designed to evolve the needs of the workplace amid accelerating in-office work trends. HNI, a manufacturer of workplace furnishings and residential building products that has been in business for 75 years, wi…
HNI closes $2.2B Steelcase acquisition, ending 113 years of local management
Steelcase Inc., founded in Grand Rapids 113 years ago as Metal Furniture Co., changed hands today with the closing of the $2.2 billion acquisition by HNI Corp. The acquisition’s closing ended local corporate management of Steelcase, the one-time leader in the office furniture industry whose shareholders overwhelmingly approved the acquisition last Friday. The Muscatine,... Please login to read all 678 words.
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