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Article: Armstrong World Industries and NPM Capital Negotiating Sale of Armstrong's European Carpet and Sports Flooring Business.
- Article from:
- PR Newswire
- Article date:
- January 11, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LANCASTER, Pa., Jan. 11 /PRNewswire-FirstCall/ -- Armstrong World Industries, Inc. and NPM Capital N.V. today 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(R) and Bergoss(R), and ...