HNI Corporation Completes Acquisition of Steelcase Inc.

Core Viewpoint - HNI Corporation has successfully completed its acquisition of Steelcase Inc. [1] Company Summary - HNI Corporation is expanding its portfolio through the acquisition of Steelcase Inc., indicating a strategic move to enhance its market position [1] - The acquisition is expected to strengthen HNI's capabilities and offerings in the office furniture sector [1] Industry Summary - The acquisition reflects ongoing consolidation trends within the office furniture industry, as companies seek to leverage synergies and expand their market reach [1] - This move may influence competitive dynamics in the industry, potentially leading to increased market share for HNI Corporation [1]