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Office Supplies M&A image Office Supplies M&A » By The Online Investor Staff, updated Thu., May. 2, 7:53 AM Recent mergers and acquisitions in the Office Supplies M&A category.

Slide #11. HNI Corporation BP Ergo Limited

Acquirer: HNI Corporation (NYSE:HNI)
Acquiree: BP Ergo Limited
Details: HNI Corporation announced it has acquired BP Ergo Limited, a leading manufacturer and marketer of office furniture in India which goes to market through a national network of sales branches and dealers supported by two manufacturing locations.

HNI is a provider of workplace furnishings and residential building products. Workplace furnishings include furniture systems, seating, storage, tables, and architectural products. Co. designs, manufactures, and markets a range of workplace furnishings. Co. provides a line of office panel system products, benching, tables, architectural products, storage, and social collaborative products. Residential building products include a range of gas, wood, electric, and pellet fueled fireplaces, inserts, stoves, facings, and accessories. Co. is a manufacturer and marketer of prefabricated fireplaces, hearth stoves, and related products. These products are primarily for the home.

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Company Name:  HNI Corp
Website:  www.hnicorp.com
Sector:  Office Supplies
Number of ETFs Holding HNI:  61
Total Market Value Held by ETFs:  $488.32M
Total Market Capitalization:  $2.02B
% of Market Cap. Held by ETFs:  24.22%
 

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May 2, 2024    7:53 AM Eastern
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Strong Buy (4.00 out of 4)
90th percentile
(ranked higher than approx. 90% of all stocks covered)

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