December 28, 2007—Herman Miller, Inc., announced a definitive agreement to acquire Brandrud Furniture, Inc., a Seattle-based manufacturer of healthcare furnishings. The transaction is expected to be completed in February 2008, pending the conclusion of due diligence. Terms of the transaction were not disclosed.
Brandrud is a manufacturer of healthcare furnishings, with an emphasis on seating products for patient rooms, patient treatment areas, and public spaces such as lobbies and waiting areas. Brandrud also serves the higher education and office markets. The company is expected to have 2007 sales of approximately $20 million. Brandrud and Herman Miller have shared a successful marketing alliance since October 2005.
Beth Nickels, President of Herman Miller for Healthcare, commented, “Brandrud’s products complement our current offering and demonstrate a clear understanding of the needs of healthcare organizations. The acquisition of Brandrud will accelerate the momentum we have been gaining in this segment and offers further evidence of our commitment to this fast growing market.”
The designs and services of Herman Miller enhance the performance of human habitats worldwide, making customers’ lives more productive, rewarding, delightful, and meaningful. For more on the company, see its Web site.
