Acquiring Company
HNI Corporation
Acquired Company
Steelcase
MuscatineGrand RapidsManufacturingRetailBuilding MaterialFurnitureSoftwareDescription
On December 10, HNI Corp. announced the completion of its acquisition of Steelcase Inc. The merger aims to create a stronger company to address the growing demand for workplace solutions. With this acquisition, HNI Corp. expects to enhance its operational capabilities and generate significant revenue growth. The combined companies are projected to achieve annual pro forma revenue of $5.8 billion.
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Based on deal dataFrequently asked
Who acquired Steelcase?
Steelcase was acquired by HNI Corporation, based in Muscatine. The deal was reported on December 15, 2025. HNI Corporation has been improving where people live, work, and gather for more than 75 years. HNI is a manufacturer of workplace furnishings and residential building products, operating under two segments. HNI Corporation is publicly traded (HNI) and operates in Manufacturing.
When did HNI Corporation acquire Steelcase?
HNI Corporation's acquisition of Steelcase was reported on December 15, 2025. On December 10, HNI Corp. announced the completion of its acquisition of Steelcase Inc. The merger aims to create a stronger company to address the growing demand for workplace solutions. With this acquisition, HNI Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Steelcase do?
Steelcase is a global leader in designing and manufacturing furnishings and solutions that help people do their best work by creating places that work better. It is privately held, operating in Software, and is based in Grand Rapids.
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