FIELDS Group announces that Gerflor has entered into a binding agreement to acquire DLW’s linoleum activities. Consummation of the transaction is subject to customary regulatory approvals and is expected to occur in March 2018. The transaction includes the take-over by Gerflor of the manufacturing plant in Delmenhorst (Germany) as well as a part of the company’s sales force and support functions.
With this transaction, DLW’s linoleum activities will, be integrated into the Gerflor SAS group.
The Gerflor SAS group is a global leader in the floor covering industry that has successfully integrated and developed strong brands such as Taraflex and Mipolam. Gerflor’s global footprint, innovation capabilities and customer support will benefit the DLW brand and operations.
Gerflor and DLW have been cooperating for a long time in France, where Gerflor has been distributing DLW’s linoleum products since 2011.
This acquisition will enable Gerflor to expand its products portfolio in resilient flooring with a remarkably sustainable solution. With these linoleum activities, Gerflor will provide its customers with an even wider range of solutions in some of its key market applications such as healthcare, education, housing, sport or retail. With this transaction, Gerflor becomes one of the largest manufacturers of resilient floors in Germany.
About FIELDS Group
FIELDS Group is a renowned industrial holding with offices in Amsterdam and Munich. Participating in and further developing companies with potential. That is what FIELDS stands for. With its in-house operational taskforce FIELDS is directly involved with the development of the group companies. FIELDS Group invests in industrial and services companies with headquarters in the Netherlands or Germany.
Contact for press:
René van der Velden, FIELDS Group: +31 6 53435712, [email protected]
Laurent Cicolella, Gerflor SAS, Group Communication Director: [email protected]