Steelcase Sells PolyVision to Industrial Opportunity Partners

Thursday, 24 February, 2020

GRAND RAPIDS, Mich., Feb. 24, 2020 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE: SCS) today announced it has sold all of the issued and outstanding capital stock of PolyVision Corporation to an affiliate of Industrial Opportunity Partners.

PolyVision is a U.S. and Belgium-based manufacturer of ceramic-coated steel used in whiteboards, chalkboards, and architectural cladding. Industrial Opportunity Partners is a U.S.-based private equity firm focused on investing in middle-market manufacturing and distribution businesses.

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