ZEELAND, Mich., July 19, 2021 /PRNewswire/ -- Herman Miller (NASDAQ:MLHR) today announced that it has completed its previously announced acquisition of Knoll, Inc. ("Knoll"), creating the preeminent leader in modern design. The combined company comprises 19 leading brands, a presence across more than 100 countries worldwide, a global dealer network, 64 showrooms, more than 50 physical retail locations, and global multichannel eCommerce capabilities. Herman Miller, Knoll, and their legacy brands will continue to operate as distinct brands. "The closing of this transaction is the first step to realizing the great benefits of this combination, and I want to thank the teams at Herman Miller and
ZEELAND, Mich. and EAST GREENVILLE, Pa., July 13, 2021 /PRNewswire/ -- Herman Miller, Inc. ("Herman Miller") (NASDAQ:MLHR) and Knoll, Inc. ("Knoll") (NYSE:KNL) announced that, at their respective special meetings held today, Herman Miller and Knoll shareholders overwhelmingly approved their respective proposals required in order to consummate the pending acquisition of Knoll by Herman Miller. Upon completion of the transaction, Knoll shareholders will receive $11.00 in cash and 0.32 shares of Herman Miller common stock for each share of Knoll common stock they own. Subject to the satisfaction or permitted waiver of all remaining closing conditions, the transaction is currently expected to cl
ZEELAND, Mich. and EAST GREENVILLE, Pa., July 13, 2021 (GLOBE NEWSWIRE) -- Herman Miller, Inc. ("Herman Miller") (NASDAQ:MLHR) and Knoll, Inc. ("Knoll") (NYSE:KNL) announced that, at their respective special meetings held today, Herman Miller and Knoll shareholders overwhelmingly approved their respective proposals required in order to consummate the pending acquisition of Knoll by Herman Miller. Upon completion of the transaction, Knoll shareholders will receive $11.00 in cash and 0.32 shares of Herman Miller common stock for each share of Knoll common stock they own. Subject to the satisfaction or permitted waiver of all remaining closing conditions, the transaction is currently expecte
EAST GREENVILLE, Pa., May 13, 2021 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE:KNL), a constellation of design-driven brands for the workplace and home, today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.06 per share payable June 30, 2021 to shareholders of record on June 15, 2021. The declaration and payment of dividends is subject to the discretion of the Board of Directors and depends on various factors, including our net income, restrictions in our credit facility, financial position, cash requirements, our merger agreement with Herman Miller, Inc. and other factors deemed relevant by our Board of Directors. About Knoll Knoll, Inc. is a constel
Strong work from home e-commerce and residential sales growth continue to help mitigate near-term office headwindsPositive increases in Office pipeline reinforce expectation for return to growth in Q2, and double digit order growth in the 2nd half of 2021.Diluted EPS was $(0.08) on a GAAP basis, and Adjusted Diluted EPS beat expectations by $0.02 per diluted share EAST GREENVILLE, Pa., April 28, 2021 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE:KNL), a constellation of design-driven brands and people, working together with clients in person and digitally to create inspired modern interiors for workplaces and homes, today announced financial results for the first quarter ended March 31, 2021. I
ZEELAND, Mich. and EAST GREENVILLE, Pa., April 19, 2021 /PRNewswire/ -- Herman Miller, Inc. (NASDAQ:MLHR) and Knoll Inc. (NYSE:KNL) today announced that they 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, which has been unanimously approved by the Boards of Directors of both companies, is expected to close by the end of the third quarter of calendar year 2021, subject to the satisfaction of closing conditions. Under the terms of the agreement, Knoll shareholders will receive $11.00 in cash and 0.32 shares of Herman Miller common stock for each share of Knoll common stock they own
Brings Together Complementary Portfolios of Exceptional Brands for Commercial and Residential Settings Enhances Scale and Capabilities to Drive Growth and Profitability Accelerates Digital Transformation Drives Strong Financial Benefits Including $100 Million in Expected Run-Rate Cost Synergies Within Two Years of Closing Supported by Shared Culture and Commitment to Design, Innovation, Operational Excellence and Sustainability Companies to Host Conference Call and Webcast at 8:30 a.m. ET Today ZEELAND, Mich. and EAST GREENVILLE, Pa., April 19, 2021 (GLOBE NEWSWIRE) -- Herman Miller, Inc. (NASDAQ:MLHR) and Knoll Inc. (NYSE:KNL) today announced that they have entered into a definitiv
EAST GREENVILLE, Pa., April 14, 2021 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE:KNL), a leading designer and manufacturer of furnishings and coverings for the workplace and home, today announced that it plans to report financial results for the first quarter of 2021 on Wednesday, April 28, 2021, following the close of the market. In addition, Knoll, Inc. will host a Q&A conference call at 5:30 p.m. ET on Wednesday, April 28, 2021 to respond to questions. To access the live Q&A call: North America (844) 778-4138International (661) 378-9550Q&A Conference ID 8832956 A replay of the Q&A conference call will be available through May 5, 2021 by dialing (855) 859-2056 or (404) 537-3406 and
EAST GREENVILLE, Pa., Feb. 18, 2021 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE: KNL) -- Research by Knoll, Inc., a constellation of design-driven brands and people, working together with clients in person and digitally to create inspired modern interiors for workplaces and homes, has found that over the next 18–24 months workplace design will accelerate away from individual workspaces to a reallocation of space for meeting spaces, social spaces and outdoor spaces. The finding supports the Knoll perspective that considers the emerging post-Covid pandemic workplace as an ecosystem supporting flexibility as to where and when one works but, importantly, weighted toward in-office collaborative acti
EAST GREENVILLE, Pa., Feb. 16, 2021 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE: KNL), a constellation of design-driven brands and people, working together with clients in person and digitally to create inspired modern interiors for workplaces and homes, today announced the appointment of Esohe Omoruyi as Executive Vice President of Consumer & Digital Commerce, reporting to Andrew Cogan, Chairman and CEO. In this new role, she will be responsible for strategies across e-commerce, digital and mobile, and brick and mortar efforts as well as alignment of data and customer relationship management (CRM) platforms for the Company’s constellation of brands, including Knoll, Fully, HOLLY HUNT and Muuto
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EAST GREENVILLE, Pa., May 13, 2021 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE:KNL), a constellation of design-driven brands for the workplace and home, today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.06 per share payable June 30, 2021 to shareholders of record on June 15, 2021. The declaration and payment of dividends is subject to the discretion of the Board of Directors and depends on various factors, including our net income, restrictions in our credit facility, financial position, cash requirements, our merger agreement with Herman Miller, Inc. and other factors deemed relevant by our Board of Directors. About Knoll Knoll, Inc. is a constel
Strong work from home e-commerce and residential sales growth continue to help mitigate near-term office headwindsPositive increases in Office pipeline reinforce expectation for return to growth in Q2, and double digit order growth in the 2nd half of 2021.Diluted EPS was $(0.08) on a GAAP basis, and Adjusted Diluted EPS beat expectations by $0.02 per diluted share EAST GREENVILLE, Pa., April 28, 2021 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE:KNL), a constellation of design-driven brands and people, working together with clients in person and digitally to create inspired modern interiors for workplaces and homes, today announced financial results for the first quarter ended March 31, 2021. I
Strong work from home e-commerce and residential sales growth continue to help mitigate near-term office headwindsPositive signals in Office pipeline suggest improving outlook in the 2nd half of 2021Important actions taken during 2020 to reduce manufacturing footprint and reset workplace cost structureYear-end liquidity strong, with $334 million undrawn on our credit facility; leverage 2.3x EAST GREENVILLE, Pa., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE: KNL), a constellation of design-driven brands and people, working together with clients in person and digitally to create inspired modern interiors for workplaces and homes, today announced financial results for the fourth quart
EAST GREENVILLE, Pa., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE:KNL), a constellation of design-drive brands for the workplace and home, today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.06 per share payable March 31, 2021 to shareholders of record on March 15, 2021. The declaration and payment of dividends is subject to the discretion of the Board of Directors and depends on various factors, including our net income, restrictions in our credit facility, financial position, cash requirements and other factors deemed relevant by our Board of Directors. About Knoll Knoll, Inc. is a constellation of design-driven brands and people, wor
EAST GREENVILLE, Pa., Feb. 16, 2021 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE: KNL), a constellation of design-driven brands and people, working together with clients in person and digitally to create inspired modern interiors for workplaces and homes, today announced the appointment of Esohe Omoruyi as Executive Vice President of Consumer & Digital Commerce, reporting to Andrew Cogan, Chairman and CEO. In this new role, she will be responsible for strategies across e-commerce, digital and mobile, and brick and mortar efforts as well as alignment of data and customer relationship management (CRM) platforms for the Company’s constellation of brands, including Knoll, Fully, HOLLY HUNT and Muuto
EAST GREENVILLE, Pa., Dec. 02, 2020 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE:KNL), a constellation of design-drive brands for the workplace and home, today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.06 per share payable December 31, 2020 to shareholders of record on December 15, 2020. The declaration and payment of dividends is subject to the discretion of the Board of Directors and depends on various factors, including our net income, restrictions in our credit facility, financial position, cash requirements and other factors deemed relevant by our Board of Directors. About Knoll Knoll, Inc. is a constellation of design-driven brands and
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