About Forbo Group
Forbo Group is a company based in Baar (Switzerland) founded in 1928.. The company has 5,060 employees as of December 31, 2024. Forbo Group offers products and services including Floor Coverings, Conveyor Belts, and Plastic Modular Belts. Forbo Group operates in a competitive market with competitors including Mohawk Industries, Gerflor, Marazzi, NITCO Tiles and SWISS KRONO, among others.
- Headquarter Baar, Switzerland
- Employees 5060 as on 31 Dec, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Forbo Holding Ag
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Annual Revenue
$1.24 B (USD)-4.53as on Dec 31, 2024
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Net Profit
$104.97 M (USD)-7.04as on Dec 31, 2024
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EBITDA
$185.77 M (USD)-10.24as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
5060
as on Dec 31, 2024
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IPO & Listings of Forbo Group
Forbo Group is a publicly listed company on the SIX with ticker symbol FORN in Switzerland, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Forbo Group
Forbo Group offers a comprehensive portfolio of products and services, including Floor Coverings, Conveyor Belts, and Plastic Modular Belts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Durable coverings for residential and commercial floors
Belts for material handling in manufacturing sectors
Modular systems for efficient retail and processing
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Funding Insights of Forbo Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Forbo Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Forbo Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Forbo Group Comparisons
Competitors of Forbo Group
Forbo Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mohawk Industries, Gerflor, Marazzi, NITCO Tiles and SWISS KRONO, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Carpet, rugs, and flooring products are manufactured and distributed.
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| domain | founded_year | HQ Location |
Flooring and interior furnishing products are manufactured globally.
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| domain | founded_year | HQ Location |
Ceramic tiles have been manufactured by Marazzi since 1935.
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| domain | founded_year | HQ Location |
Manufacturer & supplier of tiles, mosaic, and marbles
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| domain | founded_year | HQ Location |
Manufactures high-quality flooring and building materials for commercial and residential use.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Forbo Group
Frequently Asked Questions about Forbo Group
When was Forbo Group founded?
Forbo Group was founded in 1928.
Where is Forbo Group located?
Forbo Group is headquartered in Baar, Switzerland. It is registered at Baar, Zug, Switzerland.
Who is the current CEO of Forbo Group?
Stephan Bauer is the current CEO of Forbo Group.
How many employees does Forbo Group have?
As of Dec 31, 2024, the latest employee count at Forbo Group is 5,060.
What is the annual revenue of Forbo Group?
Annual revenue of Forbo Group is $1.24B as on Dec 31, 2024.
What does Forbo Group do?
Forbo Group was founded in 1928 and is headquartered in Baar, Switzerland. Operations focus on the manufacturing sector for home construction and improvement products. Floor coverings, building and construction adhesives, power transmission belts, and conveyor solutions are produced. The company serves global markets through its product catalog, with emphasis on durable materials for building applications.
Who are the top competitors of Forbo Group?
Forbo Group's top competitors include NITCO Tiles, Mohawk Industries and Gerflor.
What products or services does Forbo Group offer?
Forbo Group offers Floor Coverings, Conveyor Belts, and Plastic Modular Belts.
Is Forbo Group publicly traded?
Yes, Forbo Group is publicly traded on SIX under the ticker symbol FORN.
What is Forbo Group's ticker symbol?
The ticker symbol of Forbo Group is FORN on SIX.