NEWS
Kimball announces the pending acquisition of David Edward
Kimball, a subsidiary of Kimball International, Inc. (NASDAQ: KBAL) announced today that it has signed a definitive agreement to acquire substantially all the assets of David Edward headquartered in Baltimore, Maryland. The closing is expected to be completed within the next 30 days, subject to customary closing conditions.
David Edward is a premier designer and manufacturer of contract furniture, sold in the healthcare, corporate, education and premium hospitality markets. David Edward sells primarily in the North American and Middle Eastern markets.
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