Pensioenfonds Forbo

Pensioenfonds Forbo

Pensioenfonds Forbo was established in 1964 to provide pension benefits to eligible employees of Forbo, a Swiss manufacturer focused on building and construction materials. The fund operates as a Dutch pension scheme with its registered address in Heerlen. The investment portfolio divides assets 50/50 between fixed income and growth strategies. The Matching Portefeuille holds Euro government bonds and investment-grade credits valued at 238 million EUR. The Return Portefeuille targets equities, private equity and infrastructure on a global basis. Confirmed exposures include pooled vehicles managed by MN Services covering Europe, North America and emerging markets, plus indirect real estate holdings through MN Dutch and international real estate funds. Geographic reach centers on the Netherlands and broader Europe for fixed income, with global coverage for return assets. Total invested assets reached 476 million EUR at year-end 2024. The fund maintains no disclosed additional offices and relies on external providers including AZL for pension administration and Triple A Risk Finance as actuary. Board members include P. de Boer, B. Hulshof and A.D. Keetlaer. The fund joined the Pensioenfederatie and adheres to the Code Pensioenfondsen. Governance centers on a board structure with employee and employer representation that oversees the sponsoring employers Forbo Flooring B.V., Forbo-Novilon B.V. and Forbo Eurocol Nederland B.V. This setup separates pension administration from the operating company while maintaining direct ties to the sponsoring employers for contribution and benefit decisions.