Texas Permanent School Fund Has $1.07 Million Stock Position in MillerKnoll, Inc. (NASDAQ:MLKN)

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15 May, 2023

Texas Permanent School Fund lowered its holdings in shares of MillerKnoll, Inc. (NASDAQ:MLKN) by 7.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,670 shares of the company’s stock after selling 3,793 shares during the period. Texas Permanent School Fund owned about 0.07% of MillerKnoll worth $1,065,000 as of its most recent SEC filing.

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Ahrend UK and Techo UK to merge with opening of joint showroom at Clerkenwell Design Week

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15 May, 2023

Ahrend UK and Techo UK have announced their merger which becomes effective on the first of July 1st. The move will see the companies operate under the global name Royal Ahrend and will be evident at the opening of a renovated joint showroom during Clerkenwell Design Week in London from May 23rd to 25th, 2023. The Techo name will continue to exist as a distinctive product brand and will be part of the Royal Ahrend brand portfolio.

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Nordea Investment Management AB Sells 17,389 Shares of HNI Co. (NYSE:HNI)

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13 May, 2023

Nordea Investment Management AB trimmed its holdings in HNI Co. (NYSE:HNI) by 22.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,294 shares of the business services provider’s stock after selling 17,389 shares during the period. Nordea Investment Management AB owned 0.15% of HNI worth $1,736,000 as of its most recent filing with the Securities and Exchange Commission.

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Facilitating the new era of work with ergonomic furniture: MotionGrey redefines the workplace with standing desks built for comfort and productivity

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12 May, 2023

MotionGrey, the leading provider of Canada’s most affordable electric standing desk, highlights its commitment to helping people improve productivity while paying attention to their health and comfort. MotionGrey founders are no strangers to the effects of prolonged sitting, which led to their exploration of ergonomic solutions. They developed a sit-stand desk to facilitate an active work lifestyle. The company offers the only electric height-adjustable standing desk with reliable German Manufactured Bosch motors.

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Orion Portfolio Solutions LLC Purchases 4,662 Shares of HNI Co. (NYSE:HNI)

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12 May, 2023

Orion Portfolio Solutions LLC raised its position in HNI Co. (NYSE:HNI) by 38.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,768 shares of the business services provider’s stock after purchasing an additional 4,662 shares during the period. Orion Portfolio Solutions LLC’s holdings in HNI were worth $477,000 at the end of the most recent reporting period.

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IKEA-backed NORNORM launches its subscription-based furnishing service in the UK; Know more

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12 May, 2023

Copenhagen-based NORNORM, a subscription-based furnishing service that helps businesses adapt to changing workspace needs, announced that it has officially launched its services in the UK.

The company’s goal is to assist organisations minimise their environmental impact by transitioning from single-use office furniture to NORNORM’s circular, subscription-based furnishing solution.

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Office furniture giant Flokk opens showroom in heart of Manchester

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11 May, 2023

Norwegian furniture powerhouse Flokk have opened a stunning new showroom in the vibrant city of Manchester. The open plan space showcases the Flokk portfolio with popular designs from brands Offecct, HÅG, Giroflex, RH, Profim and the newest brand to join the family, Connection. Positioned in the city centre, with unrivalled access to all railway stations and the airport, Flokk’s Manchester showroom will welcome guests from across the North-West and beyond.

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Romanian office furniture supplier COS ups sales by a third

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11 May, 2023

COS, the leader of the Romanian fit-out market, reported a business volume of EUR 28 million in the fiscal year 2022, up by 32% versus the previous year.

The result came as the local market is seeing an accelerated growth trend, in the context of favorable business dynamics, both in Bucharest and in the regional cities of the country.

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Scandinavian Spaces plans new showroom, new experience for NeoCon

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10 May, 2023

CHICAGO — Scandinavian Spaces will unveil its new showroom in The Mart during NeoCon 2023, June 12-14.

In addition to showcasing products and furniture, the showroom must-see will be a full-functioning café within the space. Attendees will be offered a traditional Swedish ‘fika’ by ordering coffee and fresh pastries from the ScandiCafé while touring the showroom.

The ScandiCafé will be open for the entire duration of the show and complimentary for NeoCon attendees.

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HNI clears anti-trust review after big Kimball acquisition, but sales fall

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10 May, 2023

MUSCATINE, Iowa – Office and contract furniture giant HNI acquired fellow office furniture leader Kimball early March for $455 million. That transaction has now cleared antitrust review through the Hart-Scott-Rodino Antitrust Improvements Act.

HNI expects the transaction to close in early June following satisfaction of customary closing conditions and approval by the Kimball shareholders at the special shareholder meeting set for May 31.

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