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Herman Miller goes on acquisition
spree in Europe
Office furniture giant Herman Miller has set its eyes on
European furniture makers and designers - acquiring 33 per-
cent equity interest in the Nine United Denmark A/S for $66
million and Netherlands-based Maars Living Walls.
The transactions expand Herman Miller’s portfolio of
global brands and allow the company to scale its consumer
business, accessing a growing customer base that prioritizes
both industry-leading design and value.
Founded in Copenhagen in 2002, Nine United Denmark
(HAY) is a leader in ancillary furnishings in Europe and Asia,
and active in both the contract and residential furnishing
markets. Over the course of the coming year, HAY’s goods will
be available through Herman Miller’s Design Within Reach
channels. Herman Miller will launch an online store, as well
as open four retail locations in North America.
“HAY is one of the best articulated design brands in the
furnishings space,” said Herman Miller CEO Brian Walker.
“HAY is a key building block toward our stated priority to
scale our consumer business. The HAY assortment will significantly expand our offer to a younger, more urban demographic that we have targeted for expansion.”