BIETIGHEIM, Germany -- Armstrong DLW AG, an indirect subsidiary of U.S.-based Armstrong Holdings Inc. reported that it has terminated plans to sell the textile and sports flooring division operating under the brand name Desso.
"Based on a recent review of the economy, our industry and our businesses, we now believe Desso will be a solid fit in the global Armstrong flooring portfolio,” said Chan Galbato, Armstrong Floor Products president and CEO. “We will now focus on operating and growing the Desso businesses."