Fields Group takes over Armstrong

Fields Group takes over Armstrong

The Dutch Fields Group has taken over the business operations of Armstrong DLW GmbH in a restructuring by transfer. According to insolvency administrator Martin Mucha from the Grub Brugger & Partner law office in Stuttgart, all of the participants in the insolvency process have “found a very good and future-oriented solution.”

“In the Fields Group, the company has won a good partner for a clear perspective and now we can secure a sustainable future and generate profitable growth,” says Charles Irving-Swift, CEO of DLW Flooring GmbH. René van der Velden, CEO of the Fields Group, adds: “We will support the management in order to continue to captivate customers, put innovative DLW products on the market, and capture new markets.”

As the new investor, the Fields Group is convinced of the “Made in Germany” strategy and wants to keep the two German locations, Delmenhorst and Bietigheim-Bissingen. The strong DLW brand will remain and be integrated into the future company name, “DLW Flooring GmbH.” Photo: Armstrong

www.fields-group.com
www.armstrong.de

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