MillerKnoll, now one of the largest and most influential
modern design companies in the world, is uniquely positioned to
catalyse the transformation of the industry and redefine modern
design
ZEELAND, Mich., July 21, 2021 /PRNewswire/ -- Herman Miller
(NASDAQ: MLHR) today announced that, after completing the
acquisition of Knoll, Inc. ("Knoll") on 19
July, 2021, the combined company will move forward as
MillerKnoll. Herman Miller and Knoll, along with their legacy
brands, will continue forward as part of MillerKnoll. In addition,
MillerKnoll will have a new operating model that will ensure strong
brand ownership, transforming the industry and redefining modern
design.
"We are excited to introduce MillerKnoll, a collective of
dynamic brands coming together to design the world we live in,"
said Andi Owen, President and Chief
Executive Officer of MillerKnoll. "Our industry, and the world in
general, are changing rapidly. Design is the way we imagine and
shape a better future. In coming together, we will define and lead
this transformation, like we have other transformations in our
history."
MillerKnoll: The Pre-Eminent Leader in Modern Design
Herman Miller and Knoll have deep legacies as industry pioneers,
and a shared commitment to design, innovation, operational
excellence, sustainability and social good. With the transaction
now closed, MillerKnoll will:
- Catalyse the transformation of the home and office through a
united portfolio of complementary brands
- Support and grow existing Contract and Retail channels, as well
as explore new ideas and business innovations, to ensure they meet
the highest level of manufacturing excellence, customer sales and
service, and user experience
- Comprise global functional teams that serve the entire
enterprise, including Manufacturing, Digital, Technology,
Marketing, Strategy, Finance, Human Resources and Legal
- Drive growth and profitability with a scaled US and
international footprint, maintaining strong brand ownership
designed to preserve and nurture the essence of the brands within
the combined company's portfolio, which includes the Herman Miller
and Knoll brands
MillerKnoll now benefits from increased reach and the ability to
better serve customers across the contract furnishings sector,
residential trade segment and retail audience. In addition,
MillerKnoll is well positioned to enhance engagement with
architects and interior designers, who support the decision-making
for both Contract and Residential customers.
Owen continued, "We are a group of people and brands guided by a
shared vision, common values and a steadfast commitment to design.
As MillerKnoll, we'll push and inspire each other to innovate and
design the future for all the places where life happens."
As previously announced, MillerKnoll will be led by legacy
Herman Miller President and CEO,
Andi Owen. In addition to Owen, the
combined company will be led by a world-class executive team made
up of executives from both Herman Miller and Knoll. Additional
information on the Company's leadership team is available on the
Company's Newsroom.
About MillerKnoll
MillerKnoll is a collective of dynamic brands and one of the
largest and most influential modern design companies in the world.
The company is a result of a deep legacy of design, innovation and
social good. MillerKnoll was created in 2021 from the combination
of Herman Miller and Knoll, and includes brands Colebrook Bosson
Saunders, DatesWeiser, DWR, Edelman
Leather, FilzFelt, Fully, Geiger, HAY, Holly Hunt, KnollExtra, Knoll Office,
KnollStudio, KnollTextiles, Maars Living Walls, Maharam, Muuto,
naughtone and Spinneybeck. Guided by a shared vision, common values
and steadfast commitment to design, MillerKnoll innovates and
designs the future for all the places where life happens while
contributing to a more equitable and sustainable future for
all.
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