Homburger advised Gerflor SAS in the takeover of the linoleum activities of DLW Flooring GmbH
On February 6, 2018, Gerflor SAS group, France, (Gerflor) announced that it entered into a binding agreement to acquire the linoleum activities of the insolvent DLW Flooring GmbH, Germany (DLW). The transaction included the takeover by Gerflor of the manufacturing plant in Delmenhorst (Germany) as well as a part of the company’s sales force and support functions. The purchase price has not been disclosed.
Gerflor is a global leader in the production and distribution of flooring, wallcovering and finishes. In 2017, Gerflor had 3,700 employees and a turnover of EUR 860 m worldwide.
Homburger advised Gerflor with respect to Swiss law. The Homburger team included Senior Counsel Ueli Huber and associate Marc Hanslin (both Corporate / M&A).