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Slide #11. HNI Corporation — BP Ergo Limited
HNI Corporation (NYSE:HNI)
BP Ergo Limited
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 is a provider of office furniture and hearth products. Co. designs, manufactures and markets a range of office furniture systems and seating across a range of price points. Co.'s office furniture portfolio includes panel-based and freestanding furniture systems and complementary products such as seating, storage, tables and relocatable architectural walls. Co. manufactures and markets prefabricated fireplaces, hearth stoves and related products. Co.'s line of hearth products includes a range of gas, wood and pellet burning fireplaces, inserts, stoves, facings and accessories. Co.'s products are marketed primarily in the U.S. and Canada.
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Hold (2.00 out of 4)
(ranked lower than approx. 99% of all stocks covered)
Based on Zacks ABR data;
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