Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Herman Miller inc. buys one-third of the Danish company Hay
June 11, 2018

Herman Miller inc. has bought one-third of the shares of Danish company Hay from Troels Holch Povlsen. The company has paid DKK 416m for their share which corresponds to a valuation of the company Hay at DKK 1.2bn. CEO Henrik Steensgaard says that Herman Miller is the perfect partner for Hay and that this is a very good opportunity for increasing the sale in North America.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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