Camlin Parent Kokuyo Expands Its India Presence By Acquiring HNI India

SOURCE : NEW18 NEWS

Last Updated:May 04, 2025, 15:22 IST

KOKUYO Co., Ltd. will acquire HNI Office India Ltd., enhancing its presence in India. This move aligns with KOKUYO’s CCC 2030 vision and strengthens its growth strategy in Asia.

KOKUYO Co., a company office furniture and stationery, has announced a definitive agreement to acquire HNI Corporation’s India business. This acquisition is a key step in KOKUYO’s “CCC 2030″ vision.

Introduced in 2021, CCC 2030 stands for Change, Challenge, Create, focusing on sustainable, self-directed growth across work, learning, and lifestyle domains.

KOKUYO, listed on the Tokyo stock exchange, is known for its innovation and quality. With over 7,600 employees and operations across Asia, it already has a strong presence in India through KOKUYO Camlin. The acquisition strengthens KOKUYO’s commitment to India, positioning the company for sustained regional growth.

HNI India, a design-led office furniture brand with strong manufacturing capabilities, rooted in the Japanese kaizen approach, complements KOKUYO’s strengths and expands its footprint in the Indian and Asian markets. Karan Sachdev, Managing Director of HNI India, stated that the acquisition brings together two complementary players: HNI India, with local manufacturing and customer focus, and KOKUYO, known for furniture design and workplace innovation. This move enhances their ability to deliver innovative workplace solutions tailored for India.

Masahiro Fukui, Managing Officer at KOKUYO, mentioned that India is key to their growth in Asia. Welcoming HNI India into the KOKUYO Group is an investment in infrastructure, people, innovation, and the future of work. With HNI India’s strong customer base, KOKUYO gains an ideal platform to accelerate its ‘glocal’ workstyle strategy across Asia.

As workstyles evolve, demand for high-value spatial design is rising. HNI India, with its strong local presence, will play a central role in KOKUYO’s Asia growth strategy by driving innovation, scaling operations, and expanding customer reach.

HNI Office India Limited is known for its production excellence, Kaizen-based processes, and customer-first approach. A subsidiary of HNI Corporation, USA, it offers a wide range of office furniture solutions. Its 350,000 sq. ft. manufacturing footprint in Nagpur supports its “In India for India” strategy.

Founded in 1905 and headquartered in Osaka, Japan, KOKUYO Co., Ltd. is known for its innovation, quality, and design excellence in office furniture and stationery.

First Published:

May 04, 2025, 15:22 IST