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Office Supplies M&A image Office Supplies M&A » By The Online Investor Staff, updated Sun., Sep. 20, 3:38 PM Recent mergers and acquisitions in the Office Supplies M&A category.

Slide #11. HNI Corporation BP Ergo Limited

Acquirer: HNI Corporation (NYSE:HNI)
Acquiree: BP Ergo Limited
Details: HNI Corporation announced it has acquired BP Ergo Limited, a leading manufacturer and marketer of office furniture in India which goes to market through a national network of sales branches and dealers supported by two manufacturing locations.

HNI provides office furniture and hearth products. Co.'s Office Furniture segment designs, manufactures, and markets a range of workplace furnishings. Co.'s portfolio includes panel-based and freestanding furniture systems and complementary products such as seating, storage, tables, and architectural products. Co. provides office panel system products, benching, freestanding tables, storage, and social collaborative products. Co.'s Hearth Products segment manufactures and markets prefabricated fireplaces, hearth stoves, and related products. Co.'s line of hearth products includes a range of gas, wood, electric, and pellet fueled fireplaces, inserts, stoves, facings, and accessories.

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Company Name: 
HNI Corp
Website: 
www.hnicorp.com
Sector: 
Office Supplies
Number of ETFs Holding HNI: 
55
Total Market Value Held by ETFs: 
$259.60M
Total Market Capitalization: 
$1.30B
% of Market Cap. Held by ETFs: 
19.94%
 

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Strong Buy (4.00 out of 4)
91st percentile
(ranked higher than approx. 91% of all stocks covered)
Based on Zacks ABR data;
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