Herman Miller Announces Acquisition of Maharam

U.S. (Notifix).- Herman Miller, Inc.  announced an agreement to acquire Maharam Fabric Corporation (“Maharam”), a New York-based, global designer and provider of high quality interior textiles for commercial, healthcare, and residential interiors.

The transaction is scheduled to close April 29, 2013. Maharam, with revenues of approximately $105 million in 2012, will be purchased for approximately $156 million in cash.

 

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