A new giant is born as HNI finalizes acquisition of Kimball

1 June, 2023

MUSCATINE, Iowa – HNI has announced the completion of its acquisition of fellow office and contract furniture giant KimballHNI 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.”

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *