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Market cap1.55bUSD
Oct 09, Last price
908.00CHF
Name
Forbo Holding AG
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Profile
Forbo Holding AG, a company founded in 1928 and headquartered in Baar, Switzerland, operates globally in the production and sale of specialized materials. Its business primarily encompasses floor coverings, construction adhesives, and industrial belt solutions for power transmission and conveying. The company's "Flooring Systems" division offers an extensive array of flooring options, including linoleum, vinyl, entrance systems, carpet tiles, needle felt, and washable textile floor coverings. This segment also provides a full suite of accessory products essential for the installation, processing, cleaning, and maintenance of these floorings. Furthermore, it supplies ready-to-use adhesives for various floor types like parquet and ceramic tiles, along with leveling compounds and liquid floor solutions marketed under the Eurocol brand for the construction industry. These products are widely utilized in public buildings, healthcare facilities, educational institutions, commercial and office spaces, retail outlets, hospitality venues, leisure centers, and residential properties. Complementing this, the "Movement Systems" division, known for its Siegling brand, manufactures a diverse portfolio of industrial belts. This includes conveyor and processing belts, plastic modular belts, power transmission belts, and timing and flat belts. These belt systems are integral to numerous industrial, commercial, and service applications, ranging from material handling in the food industry and fitness equipment like treadmills to logistical operations in mail distribution centers.
Related entities
Subsidiaries (5)
Forbo Management SA
Forbo Eurocol Nederland B.V.
Forbo Flooring B.V.
FORBO SIEGLING DANMARK A/S
FORBO SIEGLING ITALIA S.P.A.
Key people
Andreas Jaeger
Interim Chief Executive Officer, Chief Financial Officer, Member of the Executive Board · since 2025
Independent Non-Executive Vice Chairman of the Board · since 2005
Marc Deimling
Executive Vice President Movement Systems, Member of the Executive Board · since 2018
Jean-Michel Wins
Executive Vice President Flooring Systems, Member of the Executive Board · since 2018
Nicole Graf
Secretary of the Board of Directors
Claudia Coninx-Kaczynski
Independent Non-Executive Director · since 2014
Jorg Kampmeyer
Independent Non-Executive Director · since 2024
Bernard Merki
Independent Non-Executive Director · since 2024
Independent Non-Executive Director · since 2022
Vincent Studer
Independent Non-Executive Director · since 2009
IPO date
Aug 02, 1996
Employees
5,357
Domiciled in
CH
Incorporated in
CH
Headquarters & legal address
Lindenstrasse 8
Baar, ZG 6340
CH
Baar, ZG 6340
CH
Other language
Forbo Holding Ltd
Other language
Forbo Holding SA
Valuation
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