February 7, 2006—Armstrong World Industries, Inc. and NPM Capital N.V. have announced they are negotiating on the possible sale of Tapijtfabriek H. Desseaux N.V. and its subsidiaries, the principal operating companies in Armstrong’s European Textile and Sports Flooring business segment, to NPM Capital N.V.
The negotiations have reached the stage where it is expected that the parties will enter into an agreement.
Tapijtfabriek H. Desseaux N.V. and its subsidiaries manufacture and market carpet tiles and broadloom carpet for commercial and residential use in Europe under brand names including Desso and Bergoss, and artificial turf for sports applications in Europe and the United States under the brand names of Desso DLW Sports Systems and GrassMaster.
Armstrong acquired Tapijtfabriek H. Desseaux N.V. in 1998 as part of the purchase of Deutsche Linoleum Werke A.G. (DLW A.G.), a manufacturer and marketer of resilient flooring products headquartered in Bietigheim-Bissingen, Germany.
Armstrong plans to retain ownership of certain Desseaux businesses, including automotive carpeting and linoleum-based indoor sports flooring.
Armstrong’s continuing flooring manufacturing operations in Europe include linoleum production in Delmenhorst, Germany; resilient vinyl flooring in Teesside, England and Holmsund, Sweden; and resilient vinyl flooring and automotive carpeting in Bietigheim-Bissingen, Germany.
For more information, visit the Armstrong Web site.
