Merger & Acquisition Activity In The Ergonomic Office Furniture Industry

March 6, 2021
merger and acquisition activity in the commercial office furniture industry

Ever since the pandemic merger and acquisition activity within the office furniture industry has reached a relative fever pitch, as the behemoth commercial office furniture companies look at offset deeply sagging revenues from commercial office tenants with e-commerce operations that can reach the burgeoning new work-from-home market. We’ve long tracked the M&A activity in our industry, which we define as “office fitness,” encompassing manufacturers and retailers of ergonomic and active workstations.

The following list is as comprehensive as we’re aware of but if you see that we’ve missed one please do leave a comment so we can add it to the list.

July 2014 Herman Miller Acquires Design Within Reach

January 2015 Nortek (Ergotron) Acquires Anthro

June 2017 Steelcase Acquires Stir Kinetic

November 2017 Steelcase Acquires AMQ Solutions

February 2018  Cathay Capital Acquires Innovative Office Products

June 2018 Herman Miller acquires stake in Danish furniture brand Hay

June 2018 Innovative Acquires HAT Contract

January 2020 Innovative Office Products Acquires CompuCaddy

February 2020 Innovative Office Products Acquires SiS Ergo

August 2020 Fully.com Acquired By Knoll in Unprecedented Nod to Immutable Trend Towards E-Commerce

August 2020 Innovative Office Products Acquires StandDesk.co

December 2021 Kimball International to Acquire Poppin, Inc., Fast Growing Digitally Enabled Commercial Furniture Company

January 2021 HNI Acquires Design Public Group

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