U.S. office furniture manufacturer HNI has acquired Sagus International, a designer and manufacturer of educational furniture solutions.

Sagus operates primarily in North America, where it is the second-largest producer of educational furniture with annual sales in excess of $90 million. The all-cash transaction includes the three operating units of Sagus:

• Artco Bell Corp., maker of furniture for the K-12 segment, located in Temple, Texas.

• Midwest Folding Products Corp., maker of cafeteria and folding tables for schools, hospitality and commercial markets, located in Chicago.

• LSI Corp. of America Inc., maker of laminate caseworks and furniture for schools and healthcare markets, located in Plymouth, Minn.

“We’re excited about Sagus joining HNI Corp. Its unique brands, strong customer relationships, quality products and differentiated business models make it a great fit with our strategy and brand portfolio,” said Stan Askren, chairman, president and chief executive officer of HNI.