Last week, American contract furniture maker Haworth announced the sale of its Castelli brand and its entire Italian operation. Rumours are this is part of a reorganisation of Haworth Europe’s management structure. The name of Henning Figge, who recently left his post as CEO of Steelcase-Werndl, has surfaced as one of the envisaged key-players in […] Read more
Haworth Inc. announced that mutares AG, a respected management firm based in Munich, Germany has acquired the Haworth operations in Italy, including the Castelli brand. No sale price was announced, but mutares claims that Castelli generated around 36 million US dollars in sales last year. About 250 employees abroad will be transferred in the deal. […] Read more
According to Euwid based on mlive.com, American furniture manufacturer Haworth expects an annual turnover of USD 1.4 billion in their current bookyear. After a decrease in turnover of 32.7% in 2009, Haworth realised a turnover of USD 1.21 billion in 2010. via Haworth: Umsatz soll auf 1,4 Mrd US$ zunehmen | EUWID Möbel.
Haworth and Poltrona Frau announced a strategic alliance in the North American office furniture market. Poltrona Frau products (including of the Cappellini, Cassina and Castelli brands) will be part of the Haworth Collection and are immediately available at www.haworthcollection.com. “This important agreement is the beginning of a strategic partnership between Haworth and Poltrona Frau Group, a […] Read more
Haworth Inc. is buying the 9-year-old North Carolina health care product manufacturer Legacy Furniture Group, the company announced this morning during the first day of NeoCon. The terms of the deal were not disclosed. The acquisition will expand the Holland office furniture company’s reach into the health care market and its capability to “offer a complete […] Read more