Forbo Flooring Systems is facing a probe by French competition authority
Forbo Flooring Systems – Forbo is headquartered in Switzerland – faces an investigation of the French competition authority
According to a press release the probe concerns the market for floor coverings in France (2012 14.1 % of group sales CHF 1201 million, worldwide the market share in linoleum is 65 % and the company is one of the leading suppliers of vinyl flooring). The investigation is on the market for floor coverings in France and was initiated by authorities upon the suspicions that leading manufacturers may have engaged in anti-competitive practises.
The company states: “At this stage of the pending investigation, Forbo is neither able to disclose any further information, nor to assess the implications which may derive.