Further accelerates global growth of the HAY brand
Increases Herman Miller’s ancillary product offering
Expands Herman Miller’s retail and contract furnishing footprint
Herman Miller, Inc. (NASDAQ: MLHR), the global designer and furniture manufacturer, announced today it signed an agreement to acquire an additional 34% equity interest in HAY A/S (“HAY”) for approximately $78 million. This transaction follows a similar transaction in 2018 in which Herman Miller acquired a 33% equity interest in HAY. Upon closing the current transaction, Herman Miller will own a majority 67% interest in HAY; Rolf and Mette Hay, Co-founders and Creative Directors of HAY, own the remaining 33% of the equity in HAY. CONTINUE READING
Left to right: Dan Morley, Scott Bloom, Tim Bronish, Brian Roth
Dan Morley of bfi and Tim Bronish of All American Surfaces hosted the winners of the 2019 bfi Commercial Real Estate Golf tour to a day of golf at Trump Golf Links at Ferry Point. Brian Roth of Equity 3 and Scott Bloom of Bloom Real Estate Group are the winners of the 2019 Tour.
The bfi Commercial Real Estate Golf Tour is a summer-long competition played on 14 of the top golf courses in the metropolitan area exclusively for commercial real estate brokers & developers. This was the 23rd anniversary of our highly successful event.