A new giant is born as HNI finalizes acquisition of Kimball

MUSCATINE, Iowa – HNI has announced the completion of its acquisition of fellow office and contract furniture giant Kimball. HNI acquired Kimball early March for $455 million.

“The completion of the Kimball International acquisition represents a new chapter as we bring together two strong, successful companies with similar cultures and well-established families of brands,” said Jeff Lorenger, HNI CEO. “The combined companies will have an unmatched comprehensive product offering positioned to benefit from post-pandemic trends. I’m privileged to lead this talented team and look forward to the significant benefits we will deliver to our shareholders, members, dealers and customers.”

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