HNI Corporation /
Steelcase Inc.
HNI Corporation completes acquisition of Steelcase Inc.




Source for the buyer and target: Steelcase Inc.
For the buyer and target.
“MUSCATINE, Iowa — December 10, 2025 — HNI Corporation (NYSE: HNI) announced today the completion of its acquisition of Steelcase Inc. (NYSE: SCS), uniting two industry leaders to meet the dynamic challenges and evolving needs of the workplace amid accelerating in-office work trends.”
Published 11 Dec 2025
Open the sourceWhat happened
HNI Corporation completed its acquisition of Steelcase Inc. on Dec. 10, 2025, bringing together two companies to address workplace needs amid accelerating in-office work trends. [01]
The combined business will have pro forma annual revenues of $5.8 billion. Steelcase shareholders received a choice of cash and HNI common stock consideration. [01]
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HNI Corporation completes acquisition of Steelcase Inc.
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“HNI Corporation completes acquisition of Steelcase Inc. HNI Corporation completed its acquisition of Steelcase Inc. on Dec. 10, 2025, bringing together two companies to address workplace needs amid accelerating in-off…”
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