Steelcase (SCS) Tops Q2 EPS by 12c, Revenues Beat; Offers 3Q & FY19 EPS Outlooks Above Consensus

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Go back to Steelcase (SCS) Tops Q2 EPS by 12c, Revenues Beat; Offers 3Q & FY19 EPS Outlooks Above Consensus

Steelcase (SCS) Reports Acquisition of Orangebox Group Ltd

September 20, 2018 6:03 AM EDT

Steelcase Inc. (NYSE: SCS) today announced it acquired Orangebox Group Limited, a UK-based designer and manufacturer of furniture for the changing workplace, the latest in a rapid expansion of innovative products designed for the new ways people work. This acquisition provides growth-driven organizations around the world with an even broader range of unique furniture designed to boost collaboration at work and provides Steelcase with an engine to accelerate innovative product development in Europe and around the world.

We saw how Orangebox approached the changing landscape at work and their early recognition that more... More