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Please find below all Forbo media releases listed by year.
Forbo completes the acquisition of Bonar Floors
Baar, October 1, 208
On July 28, 2008 Forbo announced the acquisition of Bonar Floors – a major European flooring manufacturer in the contract flooring sector – the Flooring division of the Low & Bonar PLC. After the fulfillment of all conditions, the transaction was completed on September 30, 2008. With the acquisition of Bonar Floors, Forbo Flooring Systems will further strengthen its leading position as a systems provider of resilient flooring solutions for the commercial market.
Forbo is a leading producer of flooring systems, adhesives as well as power transmission and conveyor belt solutions.
Including this acquisition, the company now employs some 6,800 people and has an international network of 38 production companies with distribution, and about 50 sales organizations in a total of 35 countries, generating annual net sales of about CHF 2.2 billion. Forbo is headquartered in Baar in the canton of Zug, Switzerland.
Forbo Holding Ltd is listed on the SWX Swiss Exchange (security number 354151, ISIN CH0003541510, Bloomberg FORN SW, Reuters FORN.s).
Contact person:
This E. Schneider
Delegate of the Board of Directors and CEO
Phone +41 58 787 25 49
Fax +41 58 787 20 49
www.forbo.com
