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Herman Miller + Knoll
Announcing MillerKnoll: A Collective of Dynamic Brands Coming Together to Design the World We Live In

Read the Press Release

Compelling strategic benefits

Pairs two industry pioneers to catalyze the transformation of the home and office at a time of unprecedented disruption

Combines two highly complementary businesses to create a broader product portfolio

Enhances scale and capabilities to drive growth and profitability

Accelerates digital and technology transformation

Brings together common cultures and capabilities, with a shared commitment to social responsibility

Herman Miller and Knoll have entered into a definitive agreement under which Herman Miller will acquire Knoll in a cash and stock transaction valued at $1.8 billion.

The transaction delivers significant financial benefits

Pro forma annual revenue
Pro forma adjusted EBITDA1
Pro forma adjusted EBITDA margins2
Run-rate cost synergies expected within two years from close
to Herman Miller's adjusted cash earnings per share in the first 12 months following close

1. based on each company’s respective last reported 12 months and including the anticipated $100 million of cost synergies

2. includes $100 million in run-rate cost synergies

Catalyzing the transformation of the home and office at a time of unprecedented disruption

leading brands
countries worldwide
showrooms globally
physical retail locations
Andi Owen
Andi Owen
Herman Miller President and CEO

“As distributed working models become the new normal for companies, businesses are reimagining the office to foster collaboration, culture and focused work, while supporting a growing remote employee base. At the same time, consumers are making significant investments in their homes. With a broad portfolio, global footprint and advanced digital capabilities, we will be poised to meet our customers everywhere they live and work. Together, we will offer a deep portfolio of brands, technology, talent and innovation, to create meaningful growth opportunities in all areas of the combined business.”

Andrew Cogan
Andrew Cogan
Knoll Chairman and CEO

“This combination validates the strategic direction and our success in building a preeminent constellation of design-driven brands and leaders, and is a testament to the achievements of the entire Knoll team in bringing a contemporary perspective to how we work and live. We believe this combination offers significant benefits to our shareholders, clients, dealers and associates. Our shareholders will receive immediate and certain value, as well as future upside potential through ownership in an industry leader with significant growth opportunities.”