Herman Miller enter the healthcare market

Pristo bariatric recliner Despite posting a drop of 82% in profits in the last quarter of 2008 Herman Miller the US office furniture giant have acquired healthcare furniture provider Nemschoff. Based in Winconsin on te shoes of lake Michigan the Company was founded by Leonard Nemschoff in 1950. The product portfolio is made up of waiting room furniture, bariatric chairs, patient chairs and specialised recliners. The healthcare market is often seen as recession proof and office furniture makers view the market with commonality of products and opportunities to create a boarder range of products. Herman Miller paid around 32 million dollars and 200 shares for Nemschoff