American Furniture Brand Herman Miller Acquisition of Knoll Rebranded as 'MillerKnoll'

American furniture brand Herman Miller has completed its $1.8 billion acquisition of Knoll and renamed the new group MillerKnoll. The $1.8 billion purchase of seminal American design brand Knoll was finalised on 19 July 2021, following approval by both of the US compa

BY Realty Plus
Published - Tuesday, 10 Aug, 2021

American furniture brand Herman Miller has completed its $1.8 billion acquisition of Knoll and renamed the new group MillerKnoll. The $1.8 billion purchase of seminal American design brand Knoll was finalised on 19 July 2021, following approval by both of the US companies' shareholders at special meetings. While Herman Miller will now use the corporate name MillerKnoll, the Herman Miller and Knoll names will continue as distinct brands, as will its subsidiaries including Hay, Maharam, Muuto and Design Within Reach. "We are excited to introduce MillerKnoll, a collective of dynamic brands coming together to design the world we live in," said MillerKnoll, President and CEO Andi Owen. MillerKnoll explained that it would continue to support and grow its existing contract and retail channels and that it aims to use its complementary brand portfolio to "catalyse the transformation of the home and office".