Richard Schultz Design has announced that it has been acquired by Knoll in a deal expected to close on or about March 1.
"My parents and I see this as a fitting and natural step in the growth and evolution of our company, first from a small startup in the bedroom of my childhood home in Pennsylvania, then to an independent vibrant brand, and now to an integrated brand with Knoll, where it all began," said Peter Schultz, President of Richard Shultz Design.
The company, which maintains a flagship showroom at the DDB, sells the iconic 1966 Schultz Leisure Line and 1960 Petal Table Collection, originally designed for Knoll, as well as contemporary outdoor furniture designs. Its designs are included in the collections of the Museum of Modern Art, the Victoria and Albert Museum, and the Philadelphia Museum of Art.
Check back with GoDesignGo tomorrow for more on Richard Schultz's legacy and the company's future.
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