Forbo Holding AG (FORN)

Overview

Forbo Holding AG is a multifaceted company, centered around the production and sale of a broad range of floor coverings, building and construction adhesives, as well as power transmission and conveyor belt solutions. With its roots firmly planted in Europe, the Americas, Asia Pacific, and Africa, the company has established a significant global presence since its founding in 1928. Structured into two strategic divisions, Flooring Systems and Movement Systems, Forbo is dedicated to innovation and quality across its operations. Headquartered in Baar, Switzerland, Forbo stands as a testament to enduring commitment to both craftsmanship and customer service in the industrial sector.

Products and Services

Forbo Holding AG distinguishes itself with a diverse portfolio across its two primary divisions:

• Flooring Systems:

  This segment deals with the development, production, and sales of an extensive variety of flooring products. The offerings include linoleum, vinyl floorings, entrance flooring systems, carpet tiles, needle felt coverings, and Flotex - the washable textile floorings. Beyond these, the division is also known for its ready-made adhesives required for floor covering installations, parquet flooring, and ceramic tiles, as well as leveling compounds for the construction industry under the Eurocol trade name. These products find applications in a wide range of settings including public buildings, healthcare facilities, educational institutions, commercial and office spaces, leisure centers, hotels, and residential areas, among others. Additionally, Forbo offers a comprehensive assortment of accessory products for the laying, processing, cleaning, and care of flooring, ensuring a full-service solution for its clients.

• Movement Systems:

  Specializing in the domain of power transmission and conveying solutions, this division provides a robust lineup of conveyor and processing belts, plastic modular belts, power transmission belts, and timing and flat belts branded under the Siegling name. The versatile applications of these products span across the food industry, fitness studios, and mail distribution centers, showcasing the division's capability to cater to various sectors of trade and service. Forbo's offerings in the Movement Systems segment underscore the company's commitment to facilitating efficient operational workflows across a myriad of industry environments.