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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 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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Strong Buy (4.00 out of 4)
(ranked higher than approx. 91% of all stocks covered)
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