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Office Supplies M&A image Office Supplies M&A » By The Online Investor Staff, updated Sun., Mar. 24, 9:35 PM Recent mergers and acquisitions in the Office Supplies M&A category.

Slide #4. Herman Miller, Inc. Maharam Fabric Corporation

Acquirer: Herman Miller, Inc. (NASDAQ:MLHR)
Acquiree: Maharam Fabric Corporation
Details: Herman Miller, Inc. (NASDAQ: MLHR), today 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.

Herman Miller researches, designs, manufactures, sells and distributes interior furnishings, for use in various environments, and provides related services. Co. has four segments: North American Furniture Solutions, which designs, manufactures and sells furniture products for work-related settings in U.S. and Canada; ELA Furniture Solutions, which designs, manufactures and sells furniture products in the Europe, the Middle East and Africa, Latin America, and Asia-Pacific regions; Specialty, which designs, manufactures and sells furniture products and textiles; and Consumer, which sells furnishings and accessories to third party retail distributors, and direct to consumer sales.

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Company Name: 
Miller (Herman) Inc
Website: 
www.hermanmiller.com
Sector: 
Office Supplies
Number of ETFs Holding MLHR: 
37
Total Market Value Held by ETFs: 
$189.79M
Total Market Capitalization: 
$2.08B
% of Market Cap. Held by ETFs: 
9.12%
 

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