Entries by jsa

VDB acquires Nomique Seating

VDB has signed an agreement to acquire 100% shares of Nomique Seating Ltd, a UK company that designs and produces task chairs and soft seating.  VDB Group is Netherland’s largest manufacturer of education and project furniture. VDB Group has an annual turnover of 70 million euro with 380 employees. Through the acquisition of Nomique, another […]

$327.75 Million in Sales Expected for Knoll Inc (KNL) This Quarter

Wall Street analysts predict that Knoll Inc (NYSE:KNL) will announce $327.75 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Knoll’s earnings. The highest sales estimate is $329.10 million and the lowest is $326.40 million. Knoll reported sales of $291.26 million in the same quarter last year, […]

Knoll Appoints Chris Baldwin COO and President of Knoll Office

Knoll, Inc. (NYSE: KNL), a constellation of design driven brands for the workplace and home, announced its appointment of Christopher M. Baldwin as COO and President of Knoll Office. Effective Oct. 8, Mr. Baldwin is responsible for sales, marketing and manufacturing operations for the broad range of Knoll workplace lines and services. He reports to Andrew Cogan, Knoll Chairman […]

Martela starts co-operation negotiations in its subsidiary in Sweden

Martela Group has decided to further centralize its logistic, finance and sales support functions to Finland. Objective of this change is to streamline the company’s internal processes to better support customer needs. As a part of this change Martela has started co-operation negotiations in Martela Ab in Sweden. Read full article here: (GLOBENEWSWIRE) https://globenewswire.com/news-release/2018/10/10/1619021/0/en/Martela-starts-co-operation-negotiations-in-its-subsidiary-in-Sweden.html  

IFMA Publishes Annual Report for Fiscal Year 2018

The International Facility Management Association (IFMA) has released its annual report for fiscal year 2018 (July 1, 2017-June 30, 2018). The digital report, titled “FY18 Year in Review: Annual Report” is available for download online at http://bit.ly/IFMAannualreport. Read full article here: (OFFICEINSIGHT) https://officeinsight.com/officenewswire/ifma-publishes-annual-report-for-fiscal-year-2018/

Dorel Home Acquires U.K.-Based Alphason

Enhancing its European business, Dorel Industries’ Dorel Home division has acquired the assets and operations of Alphason, which is based in the United Kingdom. Read full article here: (HOMEWORLD BUSINESS) https://www.homeworldbusiness.com/dorel-home-acquires-u-k-based-alphason/

INSCAPE (TSE:INQ) Posts Earnings Results

INSCAPE (TSE:INQ) released its quarterly earnings data on Wednesday, September 12th. The company reported C($0.17) earnings per share for the quarter, reports. INSCAPE had a negative net margin of 11.04% and a negative return on equity of 35.39%. The business had revenue of C$21.23 million for the quarter. Read full article here: (FAIRFIELD CURRENT) https://www.fairfieldcurrent.com/2018/09/21/inscape-inq-issues-earnings-results.html

Steelcase Acquires Orangebox, UK-based Maker of Alternative Furniture and Settings for the Changing Workplace

Acquisition supports growth strategy as Steelcase expands its solutions to support the new ways teams are working GRAND RAPIDS, Mich., Sept. 20, 2018 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE:SCS) today announced it acquired Orangebox Group Limited, a UK-based designer and manufacturer of furniture for the changing workplace, the latest in a rapid expansion of innovative products […]

Steelcase Reports Second Quarter Fiscal 2019 Results

Earnings per share improved 32 percent compared to prior year Revenue and orders grew by double-digit percentages Acquisitions of Orangebox and Smith System provide additional growth potential Third quarter outlook projects double-digit organic revenue growth GRAND RAPIDS, Mich., Sept. 20, 2018 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE: SCS) today reported second quarter revenue of $875.8 […]