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Herman Miller Extends Reach with Acquisition of Connecticut Firm

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ZEELAND, MI (WHTC) - Zeeland-based office furniture maker Herman Miller announced an agreement to acquire controlling interest of Design Within Reach of Connecticut. It would bring in a 16-year-old maker of premium authored modern design furniture and accessories, with 38 retail studios across the continent and revenues last year of around 218 million dollars. Herman Miller officials say that the purchase continues their efforts to diversify their product line. The 154 million-dollar deal is scheduled for consummation by July 28, pending regulatory approval and other matters.

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