Knoll Acquires DatesWeiser
Knoll continues to post stellar results and make smart moves. Or maybe that should be said the other way around. On Thursday, the company announced it had acquired DatesWeiser, the highly regarded maker of exquisitely detailed, custom conference room tables, casegoods and specialty reception desks. The acquisition of DatesWeiser makes a lot of sense for Knoll because it addresses a segment of the office furniture space that Knoll does not – the highly custom, highest end show spaces still to be found in most projects. Knoll has demonstrated uncommon skill at adding to its “constellation of brands” in ways that benefit both Knoll and the acquired company. While we know that’s the goal of every acquisition everywhere, we also see that in many if not most cases, it doesn’t turn out that way. In the press release announcing the company’s excellent third quarter results, Knoll CEO Andrew Cogan …
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