Herman Miller Inc Announces a Strategic International Alliance With POSH Office Systems (Hong Kong) Ltd.
HONG KONG, August 19 /PRNewswire/ — Herman Miller Inc today announces that it has negotiated an
International strategic alliance agreement with POSH Office Systems (Hong
Kong) Ltd. POSH is a leader in the design, manufacture and marketing of
office systems across the Asia Pacific region. With a design office in Hong
Kong, and ISO 9001/14001 accredited manufacturing facilities in China, POSH
design and produce seating, systems furniture and storage solutions for
business and home environments. The company sells through a substantial
franchise network across China, and through a number of international
distributors in Asia. The business was established over 45 years ago, and is
headed by CEO, Eric Yim.
The agreement, which comes into effect on the 1st October
2008, allows Herman Miller and POSH access to each others’ product portfolio
and distribution network. Both businesses will work closely together to
ensure the expanded reach of their respective brands as they continue to
support their rapidly expanding international customer base.
The alliance brings the strengths of both businesses together,
developing a capability which creates significant growth opportunities for
both companies and enables them to offer their customers a wider product
offering and a greater choice of solutions.
Commenting on the alliance John Portlock, Herman Miller’s
President for International said: “We have found the best partner to
accelerate our progress in Greater China and Asia. I am delighted at the
prospect of working with Eric Yim and his talented team as we extend our
reach together.”
“We are very excited to be partnering with John Portlock and
the Herman Miller team,” said Eric Yim, POSH President and CEO. “This
alliance will not only provide broader capacity and capability in
distribution and servicing our customers, but also improve the value
proposition for our combined high-design product portfolios in the Asia
Pacific region.”
About Herman Miller Inc.
The designs and services of Herman Miller enhance the
performance of human habitats worldwide, making customers’ lives more
productive, rewarding, delightful, and meaningful. The company’s
award-winning products, complemented by furniture management and strategic
consulting services, generated over US$2 billion in revenue during fiscal
2008. Widely recognized for both its innovative products and business
practices, Herman Miller is a recipient of the prestigious National Design
Award for product design from the Smithsonian Institution’s Cooper-Hewitt,
National Design Museum, and in 2008 the company was once again cited by
FORTUNE magazine as the “Most Admired” company in its industry and included
among CRO magazine’s “100 Best Corporate Citizens.” The company trades on the
NASDAQ Global Select Market under the symbol MLHR.
About POSH Office Systems
Based in Hong Kong, POSH is a leader in the design,
manufacture and marketing of office systems in Asia Pacific. The company
operates with over 1000 employees, a design office in Hong Kong, a franchise
network in China and over 30 international distributors worldwide. POSH has
been voted as the “Best Office furniture Brand” in Hong Kong by CAPITAL
magazine in 2007; and recognized with the award of “Eco-Business 2007″ by
Business Environment Council and “The Green Medal” by The Federation of Hong
Kong Industries for its leadership and stewardship in protecting the
environment. Eric Yim was also honored as the Young Industrialist of Hong
Kong 2005.
Contacts:
Susan Koole,
Herman Miller/USA,
susan_koole@hermanmiller.com ,
1-616-654-5709;
Raphaela Wong,
Herman Miller/Asia,
raphaela_wong@hermanmiller.com ,
86-21-6141-7066;
Luke Dawson,
Herman Miller/EMEA,
luke_dawson@hermanmiller.com ,
44-1249-707-469;
Keiko Maezawa,
Herman Miller/Japan,
keiko_maezawa@hermanmiller.com ,
81-3-3444-9472.
Lam Lam,
POSH Office Systems,
Lam_lam@posh.com.hk ,
852-2816-228.
Internet For more information on Herman Miller visit
http://www.hermanmiller.com
For more information on POSH Office Systems visit http://www.posh.com.hk
Herman Miller Inc
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