Our Company
Neutral Posture Agreed to Acquire the Equity® Product Line From Knoll, Inc.
BRYAN, Texas – September 3, 2014 – Neutral Posture, Inc. today announced it has agreed to acquire the Equity® product line from Knoll, Inc. Equity®, originally designed and manufactured by Knoll, will transition to become a Neutral Posture manufactured product.
Equity® delivers utilitarian space-savings, with centerline planning and sleek hexagonal 120-degree configurations. A leader in environmental design, Equity® provides the value-driven sustainability, durability and ease of reconfiguration users expect from high-performance systems furniture.
Neutral Posture announced at NeoCon 2014 its intentions of expanding into the systems furniture business. With over 25 years of experience in the manufacturing of seating, Neutral Posture intends to expand its manufacturing expertise to furniture systems by producing the Equity® line, maintaining the level of excellence Knoll customers have come to expect.
Regarding the acquisition, Rebecca Boenigk, CEO of Neutral Posture, said, "This deal is a win for everyone involved. This acquisition is the perfect way for Neutral Posture to enter the systems furniture business and for the customers who have been buying Equity® for decades to have an uninterrupted source of supply."
"I am excited by Neutral Posture's decision and look forward to a successful partnership in the years ahead," said Enrico Colzani, Vice President, Product Strategy for Knoll, Inc.
About Neutral Posture
Neutral Posture is a Woman Owned Small Business (WOSB) and will be the only certified WOSB systems manufacturer. For more information about Neutral Posture, Inc., please visit www.neutralposture.com.
About Knoll
For more information about Knoll, Inc., please visit www.knoll.com.
Sales Contact
Rachel Boenigk
Neutral Posture, Inc.
Strategy Development Specialist
(979) 778-0502 ext. 124
rachel@neutralposture.com
