Steelcase : Showcases New Solutions that go Beyond Hybrid and Deliver on Sustainability Commitments at NeoCon 2023

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5 June, 2023

Grand Rapids, MI, June 12, 2023 – At NeoCon 2023 this week, Steelcase and its community of brands are showcasing new solutions to help organizations create diverse, vibrant and sustainable workplaces.

As hybrid work evolves and reshapes the ways people work around the world, workers are looking for spaces that provide better support than before. Yet, leaders aren’t sure how and where to start delivering on these new needs. As a global design and thought leader in the world of work, Steelcase is shifting the conversation to go beyond where people work and into the how, so that work becomes a better experience for all – both in and out of the office.

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A new giant is born as HNI finalizes acquisition of Kimball

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1 June, 2023

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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TD SYNNEX TO OFFER HUMANSCALE ERGONOMIC OFFICE EQUIPMENT IN UK AND IRELAND; Enables partners to address demand for high-performance products that improve comfort in the workplace

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1 June, 2023

Basingstoke – TD SYNNEX (SNX), today announced an agreement with Humanscale, a leading designer and manufacturer of high-performance ergonomic workplace solutions. Through this agreement, partners in UK and Ireland can access Humanscale’s full range of sustainably produced furniture and accessories, including chairs, monitor arms, integrated docking stations, sit/stand solutions, lighting solutions, accessories and technology tools, all focused on enhancing the experience of remote and onsite workers.

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Kimball International Shareholders Approve Transaction with HNI Corporation

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13 June, 2023

JASPER, Ind., May 31, 2023 (GLOBE NEWSWIRE) — Kimball International, Inc. (NASDAQ: KBAL) today announced that its shareholders approved the adoption of the merger agreement with HNI Corporation (NYSE: HNI). The transaction is expected to close on June 1, 2023.

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Steelcase further expands in India, opening a flagship dealer showroom in Hyderabad

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27 May, 2023

Hyderabad: 27th May, 2023: Steelcase, the global design and thought leader in the world of work, announced the opening of its flagship dealer showroom in Hyderabad. In partnership with Seating World, the expansive Steelcase multi-level showroom in Hyderabad further solidifies Steelcase’s presence in India and Asia Pacific cities, with showrooms in Bangalore, Mumbai, Delhi, Tokyo, Shanghai, Beijing, Hong Kong, Singapore and Sydney.

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Victory Capital Management Inc. Lowers Stake in HNI Corp: Examining Recent Market Trends and Implications

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27 May, 2023

Victory Capital Management Inc., an investment management firm, recently announced that it has lowered its stake in HNI Corp. This business services provider is primarily involved in offering workplace furnishings and residential building products to its clients. The firm has two major operating segments – the Workplace Furnishing segment and the Residential Building Products segment.

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Victory Capital Management Inc. Has $9.52 Million Holdings in HNI Co. (NYSE:HNI)

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26 May, 2023

Victory Capital Management Inc. lessened its stake in HNI Co. (NYSE:HNI) by 31.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 299,575 shares of the business services provider’s stock after selling 134,400 shares during the quarter. Victory Capital Management Inc. owned 0.72% of HNI worth $9,517,000 at the end of the most recent reporting period.

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State Board of Administration of Florida Retirement System Decreases Stake in Kimball International Amidst Economic Uncertainty

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24 May, 2023

The State Board of Administration of Florida Retirement System has recently announced that they have decreased their stake in Kimball International, Inc., a prominent industrial company trading on the NASDAQ under the ticker symbol KBAL. According to their latest disclosure with the Securities and Exchange Commission (SEC), the institutional investor lowered its holdings by 29.9% in the fourth quarter.

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BISLEY CHOOSES NEW NORTHERN SHOWROOM

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24 May, 2023

Office furniture designer and manufacturer Bisley has chosen Manchester as the home for its new Northern showroom.

The showroom will launch this summer in Calico on Mosley Street.

Bisley has been described as a “great addition” to the city and Calico where they have leased 2,906 sq ft of workspace within The Duplex. Bisley’s new Northern showroom will be its eighth and will promote the firm’s expanding portfolio of products and support its growing customer base in the North of England.

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Office giant Sedus announces partnership with Watson Furniture Group

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23 May, 2023

Sedus Stoll AG, the Germany based office furniture giant, and US based Watson Furniture Group have announced a new global partnership. The deal was signed at last year’s Orgatec office furniture exhibition. For both companies, the global partnership is seen a logical next step in the development of their businesses, the firms claim. Shared values and similar market strategies and expertise in the areas of technology and manufacturing are an excellent stepping stone to strategic cooperation.

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