SourceYour | So You Know Better
Breaking News
Cool offices: Skyscanner in Budapest, Hungary
Flight search engine Skyscanner has recently moved into a...
Cool offices: Unilever in Lima, Peru
3g Office has developed a new office design for...
Cool offices: Heimstaden in Malmö, Sweden
Ideas has developed the new headquarters offices of real...
Cool offices: Yandex in Moscow, Russia
Atrium has designed the new offices of tech company...
Cool offices: Volksbank in Bolzano, Italy
INNOCAD Architecture and Berg und Tal have collaborated to design...
Cool offices: Cards Against Humanity in Chicago, USA
von Weise Associates have designed a new office space...
Cool offices: FLASH Entertainment in Abu Dhabi, UAE
M+N Architecture has designed the new offices of FLASH...
Cool offices: Tribal DDB in Casablanca, Morocco
Identity Design has designed the new offices of global...
Furniture: smart TableAir
TableAir is a smart, connected standing desk with a...
Cool offices: iHeartMedia in Washington DC, USA
Design Republic has designed the new offices of iHeartMedia located...
Cool offices: Naked Wines in Norwich, UK
Bluespace has designed the new offices of wholesale wine...
Cool offices: Literacy Alliance in Chicago, USA
Partners by Design has designed the new offices of...
Cool offices: Adyax offices in Paris, France
Parisian practice Stephane Malka Architecture have developed the headquarters...
Cool offices: DCI Engineers in Spokane, USA
HDG Architecture | Design have completed the design for the...
Cool offices: Sprouts Farmers Market in Phoenix, USA
RSP Architects has created a new office design for...
Cool offices: PEMCO Insurance offices in Spokane, USA
HDG Architecture | Design have completed the design for the...
Furniture: the ‘origami inspired’ Flux Chair
The Flux chair. The award-winning Dutch design. Looks like a...
Cool offices: BrandOpus HQ in London, UK
BrandOpus headquarters in London, design by Align. The brief was...
Cool offices: Red Bull’s offices in Stockholm, Sweden
The new Stockholm office of energy drink company Red...
Cool offices: Interchange in London, UK
Interchange, a new space for entrepreneurs, startups and creatives...
Cool offices: Ooyala offices in Santa Clara, USA
HGA Architects and Engineers has developed a new office...
Furniture: extended Tabu chair collection by Eugeni Quitllet for Alias
Eugeni Quitllet presents a reconsidered version of ‘Tabu’ chair for...
Cool offices: The Santander Center in Spain
The Santander International Entrepreneurship Center (CISEin Spanish) has carried...
Cool offices: Weebly offices in San Francisco, USA
Weebly office space in San Francisco, USA. Designed by Huntsman...
Furniture: lightweight and eco-friendly Pipo stool
DAM is a Portuguese design studio that combines in...
Cool offices: Chive offices in Austin, USA
The Chive Resignation Media offices in Austin, USA designed by...
Sustainable furniture: “Campaign” launches line of cleverly built and packaged sustainable furniture
Former Apple engineers Brad Sewell and Raul Molina just...
Cool offices: Optimedia in Moscow, Russia
Nefa Architects have completed the design for the OPTIMEDIA...
Sustainable furniture: cardboard sofa
Inspired by the flexibility of an Accordion, these designers...
Cool offices: Eway.vn offices in Ho Chi Minh City, Vietnam
Catinat Design has designed a new office space for one of...
Cool offices: Interactive offices in Melbourne, Australia
Arnold Lane has developed a new office design for...
Furniture: Opendesk provides open-source furniture for Kano office
Open-source furniture company Opendesk has created customised workspace fittings for self-build...
Cool offices: easyCredit offices in Nuremberg, Germany
Evolution Design has created a new headquarters for easyCredit,...
Cool offices: luxury garden office pod
The way people work is changing… The cost and...
Furniture: no smartphones allowed – the Offline chair
Every morning millions of people around the world wake...
Cool offices: office space for work and relax
Architecture firm ARKIZ have recently completed the Brazil office...
Cool offices: Atlas Holdings offices in Greenwich, USA
HLW has developed a new office design for private...
The Level – designed to move
You were designed to move – It’s likely your...
Cool offices: G Adventures in London, UK
Area Sq has designed the offices of G Adventures...
Furniture: colourful modular seating
French designer Noé Duchaufour-Lawrance has created a collection of lozenge-shaped seats...
Cool offices: Southampton Freight in Southampton, UK
Space & Solutions designed a new home for family...
Cool offices: Alert Logic in Cardiff, UK
Space & Solutions has designed the new offices of...
Cool offices: Yelp offices in New York City, USA
Design Republic has recently completed the design of a...
Cool offices: Rocket Fuel in Chicago, USA
Partners by Design has developed a new office space...
Cool offices: Pegasystems offices in Hyderabad, India
DSP Design Associates has developed a new office space for...
Cool offices: The Icehouse coworking office in Auckland, New Zealand
Spaceworks has designed a new office space for The...
Furniture: a chair made from a single piece of bent aluminium
Czech designer Petr Badura, has created the Mono Chair,...
Cool offices: Avito.ru in Moscow, Russia
Meandre LLC has developed the new Moscow offices of...
Cool offices: New Relic offices in San Francisco, USA
Design Blitz has recently completed the design of a...
Vitra Workspace opens in a Gehry factory building
London architect Pernilla Ohrstedt and Los Angeles designer Jonathan...

Latest News

We started this blog five years ago with the aim to attract attention to,...

Flight search engine Skyscanner has recently moved into a new office located in Budapest,...

3g Office has developed a new office design for multinational product company Unilever located...

Paris-based ARRO Studio has transformed a 19th-century warehouse into the design studio for British...

SourceYour and Charity

Everybody deserves a chance to know better We believe in education and in re-thinking the way things are done. So much talent is wasted in this world because many people (children and adults alike) do not have the opportunity to get the education they would need to make a difference in this world. Our charity donations are aimed at knowing better and improving the life circumstances for people around the globe through the means of education. We donate 5% of our revenue to charities which have education support as their main aim.

Haworth web

The acquisition of Poltrona Frau by Haworth – one of the largest in Haworth’s history – is expected to close by the end of April this year. Haworth will then seek to acquire the remaining 41.4% share of the company through a tender offer to shareholders.

Based on currency exchange rates, the value of the entire deal could total USD 550 million to USD 600 million, Haworth CFO John Mooney said.

The proposed acquisition could help fill out Haworth’s product line-up.

Poltrona Frau Group designs and produces high-end furnishings in the home, office, education, health care and luxury interior markets. About 53% of the company’s business is in the residential segment. Its “Luxury in Motion” division — which supplies high-end interior finishes for the likes of Maserati, Jaguar and Chrysler as well as for yachts and airplanes — accounted for more than 27% of sales and was the firm’s fastest-growing division through the first nine months of 2013, with revenues up 35.5%.

Haworth and Poltrona Frau have had a partnership since 2011 to sell Poltrona Frau Group’s three high-end brands — Poltrona Frau, Cappellini and Cassina — at Haworth’s U.S. dealers.

“It certainly provides us a great opportunity to sell some of the best-known brands and high-end, craftsmanship-based products in a space that today we know we have opportunity with clients — and we know we don’t have the portfolio at Haworth to provide those products,” Mooney said.

Haworth in turn can provide Poltrona Frau Group greater access to the Asian market that the company has wanted to enter for some time, Mooney said.

“It’s really a great complementary opportunity,” he said.

Source

pinerest

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe

* indicates required
Email Address*
Profession

Email Format


×