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.
The Wireframe sofa designed by Sam Hecht and Kim Colin and Rudder Table designed by Isamu Noguchi are two well-known designs manufactured by Herman Miller. Photo courtesy of Herman Miller.
"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. "Our industry ? and the world in general ? is changing rapidly," he continued. "Design is the way we imagine and shape a better future. In coming together, we will define and lead this transformation, like we have other transformations in our histories."
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".

It also said it will be organising its global operations so that teams serve the entire enterprise, w...