“MillerKnoll” Emerges After Herman Miller Completes Acquisition of East Greenville-based Knoll

By
MillerKnoll furniture
Image via MillerKnoll.

Herman Miller has completed its $1.8 billion acquisition of East Greenville-based Knoll and decided that the merged company will be known as MillerKnoll, writes Natalie Kostelni for the Philadelphia Business Journal.

The new owner will operate Knoll as a separate entity.

It is still unknown how the company’s headquarters and expansive manufacturing facility in Montgomery County will be affected by the sale.

Herman Miller is hoping to get approval for the name change from shareholders during the upcoming annual meeting. The company’s common ticker symbol would remain unchanged.

Knoll is an international office furnishings manufacturer best known for its Barcelona chair and collections designed by Eero Saarinen, such as the famed tulip and womb chairs.

The merged company will be headed by Herman Miller President and CEO Andi Owen along with a management team composed of executives from both companies.

“Herman Miller and Knoll, along with their legacy brands, will continue as distinct brands as part of MillerKnoll,” said the company. “In addition, MillerKnoll will have a new operating model that will ensure strong brand ownership – transforming the industry and redefining modern design.”

Read more about the acquisition in the Philadelphia Business Journal.

Advertisement