Forbo Management SA

History

YearDetail
1928 Forbo was founded in 1928 by a merger of three linoleum manufacturers in Germany (Deutsche Linoleum-Werke A.G., Berlin), Sweden (Linoleum Aktiebolaget Forshaga), and Switzerland (Linoleum AG Giubiasco) under the company name Continentale Linoleum Union.
1973-1974 The adhesives were hived off from the linoleum business to be developed independently, and later, Continentale Linoleum Union was renamed Forbo to reflect the wider portfolio of activities.
1994-1998 The company acquired Siegling, a global manufacturer specializing in process and conveyor belt systems.
2000-2003 The company acquired Swift, which operates worldwide from the USA, Europe, and Asia. Later, the company divested its business into three strategic businesses: Flooring, Adhesives, and Belting.
2008 Forbo acquired the lightweight PVC conveyor belting business from Fenner Dunlop (Charlotte) Inc. North America to strengthen its Movement Systems division.
2008 The company acquired Bonar Floors, a European flooring manufacturer in the contract flooring sector, to strengthen its position as a systems provider of resilient flooring solutions in the commercial market.
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