Steelcase to Acquire HALCON, Maker of Finely Crafted Wood Furniture for the Modern Workplace
Founded in 1977, HALCON is a leader in custom and executive grade wood tables, credenzas and desks. With a culture of quality and innovation, the company’s portfolio includes award-winning patented furniture collections for today’s private offices, open spaces and collaborative spaces. HALCON’s line of sophisticated solutions enhances the worker experience with thoughtful and innovative details.
“At HALCON, we combine manufacturing flexibility, craftsmanship and exceptional service to meet the unique needs of our customers,” said
“From the private office to conference rooms, we were drawn to the HALCON brand for its fine craftsmanship that enables organizations to create iconic and personalized work environments. When paired with our shared commitment to quality, sustainability and service, HALCON is a natural fit for our community of brands,” said
The transaction is expected to close in Steelcase’s second quarter of fiscal 2023, subject to regulatory approval and satisfaction of customary closing conditions. This involves the acquisition of all outstanding interests in HALCON for
“We see many growth opportunities between the two companies going forward, including geographic expansion, portfolio enhancement and continued revenue gains in HALCON’s existing core markets,” Smith continued.
The planned acquisition builds on previous acquisitions targeting growth by offering a broad product portfolio, including the acquisitions of Viccarbe, Orangebox, AMQ and Smith System, complementing a leading portfolio and providing greater choice and greater value to
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With exceptional innovation, uncompromising design and master craftsmanship, HALCON creates furniture for the modern workplace. The company’s award-winning solutions are manufactured in
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