Stratrix
On the Record · Steelcase

Steelcase acquisitions, on the record

The businesses Steelcase bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
HALCON
Word for word“Our 17% revenue growth in 2023 was driven by the benefits of our pricing actions and increased volume, including revenue from our acquisition of HALCON in Q2 2023.” 10-K for 2023
acquisitionQ2 2023—
Viccarbe
Word for word“The transaction included the purchase of all the outstanding capital stock of Viccarbe for $ 34.9 (or €30.0) in an all-cash transaction using cash on-hand.” 10-K for 2024
acquisition—$ 34.9 (or €30.0)
IDEO
Word for word“In Q2 2023, we divested our remaining interest in IDEO.” 10-K for 2024
divestitureIn Q2 2023—
a consolidated dealer
Word for word“(3) In 2023, we sold a consolidated dealer, resulting in a decrease to goodwill in the Americas segment.” 10-K for 2024
divestitureIn 2023—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2017-02-24$4 million——
2018-02-23−$68.3 million$4.1 million$31.2 million
2019-02-22−$226.2 million−$300,000$103 million
2020-02-28$3.7 million$72.6 million$1 million
2021-02-26$3.8 million$0$2.5 million
2022-02-25$32.6 million$0$25.8 million
2023-02-24$105.3 million—$36.8 million
2024-02-23$0——
2025-02-28$0——

Deal filings since 2016

Read from Steelcase’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2025-04-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.