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Armstrong Flooring sells wood flooring area to AIP

Sales price of some US$100m valued at 7.2 times the EBITDA

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Published in issue 48/2018
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US flooring group Armstrong Flooring Inc. (AFI), based in Lancaster, Pennsylvania, is to sell the wood flooring activities, consolidated in the wood flooring division, to private equity company American Industrial Partners (AIP), based in New York, for approximately US$100m. The sales price corresponds to ...

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