06 May 15 the news wire for office professionals
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OFS Brands to Acquire Highmark

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3.13.15 | Huntingburg, IN | OFS Brands, Inc., a leading North American furniture manufacturer, announced today that it has agreed to purchase Highmark, Inc., a seating manufacturer specializing in mid-market seating in the workplace, hospitality, healthcare and educational market segments.  Final terms of the acquisition were not disclosed.

Founded by Chuck Loeb in 1993, Highmark emerged as a leader in the mid-market sector by delivering innovative seating products and bringing the company’s Body Balance weight sensing ergonomic technology to the marketplace. The Huntington Beach, California based company is also known for its Simple Sell, Simple Service, Simple Design Value Proposition, which promises customers a smooth and transparent experience from product design to production to service.

OFS Brands’ President and CEO, Hank Menke, said, “We are very excited about the potential this acquisition brings to OFS Brands, and we are looking forward to working with the many talented people at Highmark. Our primary focus will be to continue the operational excellence model on which Highmark has built their business while leveraging our cultural and customer-focused synergies to enter a new phase of growth.”

“The acquisition of Highmark fills a strategic gap in our current product portfolio and more importantly adds even more depth to our strategic leadership team.  The addition of a state of the art production facility on the west coast also balances our national operating footprint allowing us to reach our combined customers in a quicker, more environmentally conscious way,” states Ryan Menke, SVP of Sales and Marketing.

Highmark’s President, Mark Rhoades, said, “We couldn’t be more excited about joining OFS Brands and its great family of companies.  Our marketing strategy will be to protect the individual character of the Highmark brand and allow it to operate independently in the marketplace. This is a great opportunity to combine two companies on substantial growth trajectories, and we are very excited about Highmark’s future potential as an OFS Brands company.”

OFS Brands is a family owned, community-driven company providing furniture and logistics solutions in workplace, healthcare, education and government markets across the world. Established in 1937 in Huntingburg Indiana, OFS Brands has grown into a global leader while staying true to its local roots and core values of sustainability and craftsmanship.  For more information on the companies, please visit their websites at www.ofsbrands.com and www.highmarkergo.com


Comment | Categories: Business/Finance, Mfg. & Distr.


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