Gerflor to Acquire DLW's Linoleum Business

Paris, FR, February 6, 2018-On February 6, Gerflor 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, after the past years of uncertainty, be integrated into the Gerflor SAS group.

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.

Armstrong World Industries aquired DLW back in 1998 but in December 2014, Armstrong announced that it had decided to exit its European flooring business and cease further funding of its DLW subsidiary. As a result of this decision, local DLW management filed for insolvency in Germany.