Herman Miller acquires remaining shares of naughtone

Herman Miller partnered with naughtone in 2016, by acquiring a 50 percent stake in the company to help enhance its global offering in ancillary and collaborative furnishings, an area in which Herman Miller saw significant growth potential. As a result of this partnership, naughtone has generated average annual sales growth of 35 percent over the past three years. This partnership has helped Herman Miller expand its product design and development capabilities, fuelling 11 new product launches and leading to numerous design and innovation awards. “naughtone has been a vital strategic partner in growing Herman Miller Group’s ancillary product offering,” said Andi Owen, Herman Miller, president and CEO. “I’m so proud of our shared values, as well the modern aesthetic and contemporary British design they bring to our family of brands.” Based in Harrogate, North Yorkshire, naughtone was founded in 2005, and has grown rapidly in the collaborative furniture market under the leadership of Matt Welsh, Kieron Bakewell, and Mark Hammond.
