Meet&CoKokuyo Co., Ltd., a prominent Japanese corporation specializing in office furniture and stationery, has finalized an agreement to acquire HNI Corporation’s Indian subsidiary, HNI Office India Ltd. This strategic move underscores Kokuyo’s commitment to its CCC 2030 vision and amplifies its growth objectives across Asia.
The CCC 2030 framework, launched in 2021, embodies the principles of Change, Challenge, and Create, guiding Kokuyo’s pursuit of sustainable and autonomous innovation in the spheres of work, education, and lifestyle. This initiative reflects the company’s dedication to addressing evolving market demands through forward-thinking solutions.
Headquartered in Japan and listed on the Tokyo Stock Exchange, Kokuyo is renowned for its high-quality products and innovative workplace offerings. With over 7,600 employees and a robust operational footprint across Asia, the company has maintained a strong presence in India via its subsidiary, Kokuyo Camlin. The acquisition of HNI India marks a significant expansion of Kokuyo’s investment in the region, positioning it for sustained growth in India’s dynamic market.
HNI India, a design-driven office furniture brand with advanced manufacturing capabilities rooted in the Japanese kaizen philosophy of continuous improvement, aligns strategically with Kokuyo’s expertise. The integration of HNI India’s localized production infrastructure and customer-centric approach with Kokuyo’s global leadership in furniture design and workplace innovation is expected to unlock synergistic opportunities.
Karan Sachdev, Managing Director of HNI India, highlighted the complementary strengths of both entities, noting that the partnership will enhance their ability to deliver tailored, innovative workplace solutions tailored to India’s unique market needs.
This acquisition represents a pivotal milestone in Kokuyo’s strategy to redefine modern workspaces through collaborative innovation and market-driven excellence, further solidifying its leadership across Asia.
