Forbo purchases adhesive maker Victa, strengthens Chinese presence
The acquisition strengthens Forbo's visibility in the Chinese market. Before purchasing Victa, Forbo had two locations in China: a belting production plant in Shenyang and a sales office for flooring and adhesives in Shanghai. With the purchase of Victa, the number of Forbo employees in China has risen to 350.
Victa. a 10-year-old company, produces and distributes adhesives for the converting, packaging and woodworking industries, with production plants in Guangzhou and Shanghai. For more information, visit www.forbo.com.