380:. In 1938, the company introduced the Lindemann board (a ready-to-use parquet board), which was larger and therefore cheaper to install than parquet's previous small boards. During the following years, the company acquired rivals on the Swedish market, entered into the laminated floorboards business and, in 1946, introduced a plastic replacement for wood covering, known as Tarkett, which became a sales success. Under the next leader, Urban Wehtje, the company started to develop an international network and diversified its production of wood and plastic coverings for building interiors. By the 1960s, the Wehtjes sold a significant percentage of the company's stake and, in 1967, it was listed on the Swedish stock exchange as Tarkett.
464:
408:
357:
27:
230:
210:
190:
170:
147:
376:. In 1907, Berg died and was replaced by Ernst Wehtje. After various setbacks, Wehtje sold off most minor operations of the company and, by the 1920s, refocused it almost exclusively on the wood flooring industry, renaming it as Limhamns Snickerifabrik. In 1925, the company was renamed again as Limhamns Golvindustri AB, under the leadership of Hugo Wehtje. Production was moved from Limhamn to
509:*Tarkett participation, Société Investissement Deconinck, Expansion 17 S.C.A. and Global Performance 17 S.CA. (the latter two being part of the Wendel group) and the members of the Company's Supervisory Board linked to the Deconinck family have been acting in concert since the simplified tender offer for Tarkett shares implemented in 2021.
290:, the present company was formed in October 1997 by the merging of two others: French Sommer-Allibert and German Tarkett AG. These companies were in turn formed by the combination of various smaller companies in Sweden, Germany and France. The name Tarkett came from a product developed by a Swedish predecessor.
491:
Tarkett's main activity is producing flooring coverings for houses, schools, healthcare facilities, retail and hospitality facilities, and sports venues. The company has 34 industrial sites and a market presence in over 100 countries. Brands used by the company include the namesake
Tarkett, Sommer,
420:
In the late 1990s, Wisén met Assa and convinced him of transferring the interior covering division of Sommer-Allibert to
Tarkett AG. In exchange, Wisén would secure Sommer-Allibert taking control of at least 50% of Tarkett AG shares from the stockholders. The two parts agreed on the deal and it was
425:(through Tarkett AG) stock exchanges. Wisén continued managing Tarkett Sommer AG–Sommer-Allibert interior coverings business from Germany, but he was fired in 1998 and the control was passed to the French headquarters. In 2000, Sommer-Allibert divested its automotive division, selling it to
307:
products for the automotive and housing industries, and Sommer, a company established in 1880 which specialised in floor and wall coverings, were merged to form Sommer-Allibert. The merging was designed by then-Allibert CEO Bernard
Deconinck, which became the leader of Sommer-Allibert. The
613:
391:
in the 1980s) and in 1978 it was merged with carpeting manufacturer
Aneplas. The company continued its expansion in Europe and North America. In the late 1980s, then-CEO Lars Wisén decided to merge it with German rival Pegulan, and the headquarters were moved from Sweden to
312:-based company was expanded on the next years, mostly through the acquisition of smaller rivals. The group's automotive business, while a core revenue generator, was mainly centred on France. The floor and wall covering business (especially
421:
announced by June 1997. Sommer-Allibert secured over 60% of
Tarkett AG (owned since then by Tarkett Sommer AG) in October of that year. The combined operation was listed on both the Paris (through Sommer-Allibert S.A.) and
429:. Faurecia also acquired the remaining listed shares of Sommer-Allibert, which was delisted. In April 2002, Tarkett-Sommer founded a joint-venture company with the Serbian manufacture company Sintelon, named
320:
between 1989 and 1992. In 1989, Deconinck became the chief of a holding (owned by the
Deconinck family) with a significant share of Sommer-Allibert and the day-to-day management was transferred to Mark Assa.
396:, Germany. The new company resulting from the merger was named Tarkett-Pegulan (later Tarkett AG) and Wisén became the CEO of the combined operations. In 1994, Stora sold the company to the investment firms
368:, Sweden. In 1886, it became a company known as Malmö Woodworking Factory (AB Malmö Snickerifabrik). In 1889, investor R.F. Berg took control and introduced wood flooring production, especially
479:
444:
before taking control of it in 2005. In 2006, Tarkett AG was wholly acquired by Sommer-Allibert and also delisted from the stock exchange. In 2007, the investment firm
733:
905:
983:
448:
became co-owner together with the
Deconinck family. In 2008, Sommer-Allibert renamed itself as Tarkett S.A. In 2013, the company was relisted through an
832:
452:, with KKR selling a 25% of its stake while the Deconincks kept over a half of the shares. In 2015, the headquarters were moved from Nanterre to the
988:
755:
537:
993:
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978:
883:
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Tarkett. In 2004, the company's
Tarkett Sports division formed an alliance with the Canada-based synthetic turf manufacturer
691:
324:
In the 1990s the company tried to strengthen its automotive division, increasing its business volume with manufacturers like
162:
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coverings) expanded through Europe, North
America and Asia, including a joint venture with American manufacturer
472:
279:
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348:. It also expanded its automotive parts manufacturing facilities in Europe and the United States.
445:
397:
707:
55:
37:
8:
736:[Sommer-Allibert, now Tarkett, aims at the stock exchange] (in French). Le Figaro
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International
Turnaround Management: From Crisis to Revival and Long-Term Profitability
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specialising in the production of floor and wall coverings. Headquartered in
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557:
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283:
103:
884:"Tarkett headquarters moved into the Initiale building at Paris La DĂ©fense"
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In 1885, Anders Martensson opened a woodworking facility for furniture in
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In 1972 Allibert, a company established in 1913 which had developed into
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59:
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708:"Stora sold to an institutional investor / Purchase price DM 720m"
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Pederson, Jay P.; Whiteley, Laura E. (1999). "Tarkett Sommer AG".
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The company's shareholder structure at 31/12/2023 is as follows:
365:
356:
616:[Plastics - Sommer-Allibert's new face]. L'Usine nouvelle
373:
304:
337:
26:
906:"Tarkett Offers Healthy Indoor Environment Flooring Solutions"
388:
287:
202:
415:
756:""SINTELON" I "TARKET SOMER" OSNOVALI ZAJEDNICKO PREDUZECE"
584:
Derdak, Thomas; Grant, Tina (1998). "Sommer-Allibert S.A".
467:
Tour Initiale Paris La DĂ©fense, Tarkett Headquarters
151:
449:
329:
313:
131:
650:. Vol. 25. St. James Press. pp. 462–464.
614:"PLASTIQUES - Le nouveau visage de Sommer-Allibert"
588:. Vol. 19. St. James Press. pp. 406–409.
436:In 2003, all company operations started to use the
734:"Sommer-Allibert, devenu Tarkett, vise la Bourse"
538:"Tarkett Consolidated Financial Statements, 2020"
970:
645:
411:Tarkett former headquarters in Nanterre, France
648:International Directory of Company Histories
586:International Directory of Company Histories
69:Building and surface coverings manufacturing
984:Manufacturing companies established in 1997
862:"Tarkett listing underlines EU IPO revival"
583:
471:In June 2013, Fiberfloor products achieved
25:
677:
416:Merging of Sommer-Allibert and Tarkett AG
611:
477:
462:
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360:Former Tarkett AG factory in Luxembourg.
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503:Concert Tarkett Participation*: 90.4%
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805:"Artificial turf pair complete merger"
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989:French companies established in 1997
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860:Bolger, Andrew (11 November 2013).
710:. Plasteurope.com. 28 February 1994
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482:Tarkett facilities in Narni, Italy.
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994:Companies listed on Euronext Paris
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999:Kohlberg Kravis Roberts companies
979:Manufacturing companies of France
722:
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612:Nouvelle, L'Usine (5 June 1997).
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383:In 1970, Tarkett was acquired by
732:Gautier, Charles (7 July 2008).
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256:Société Investissement Deconinck
229:
228:
209:
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16:French multinational corporation
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809:All Business, a D&B company
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372:, opening a second facility in
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686:. Springer. pp. 343–356.
1:
678:Arpi, B.; Wejke, Per (1999).
512:
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402:Goldman Sachs Investment Bank
351:
833:"2015 Registration Document"
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7:
762:(in Serbian). 20 March 2002
473:Asthma and Allergy Friendly
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785:. Athletic Facility Design
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280:multinational corporation
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783:"Expanding global reach"
123:Eric de la Bonnardière (
886:. Tarkett. 4 March 2015
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274:, known until 2008 as
481:
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387:(in turn acquired by
385:Svenska Tändsticks AB
359:
838:. Tarkett. p. 5
398:CWB Capital Partners
276:Sommer-Allibert S.A.
130:Fabrice Barthélémy (
951:"Tarkett investors"
242:Number of employees
60:CAC Small Component
21:
680:"The Tarkett Case"
484:
469:
413:
362:
19:
864:. Financial Times
781:Breining, Becky.
693:978-0-333-79425-8
506:Free float: 9.6%
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214:€2,483.3 billion
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163:Operating income
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475:Certification.
431:Takett-Sintelon
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299:Sommer-Allibert
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194:€ -20.4 million
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174:€ 125.1 million
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80:Sommer-Allibert
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38:Société anonyme
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278:, is a French
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234:€864.7 million
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94:3 October 1997
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52:Euronext Paris
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657:1-5586-2367-1
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454:Tour Initiale
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154:3.363 billion
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955:. Retrieved
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909:. Retrieved
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866:. Retrieved
840:. Retrieved
814:19 September
812:. Retrieved
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618:. Retrieved
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562:. Retrieved
508:
505:
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499:
492:and others.
490:
470:
438:trading name
435:
419:
382:
363:
323:
302:
275:
272:Tarkett S.A.
271:
270:
223:Total equity
203:Total assets
99:Headquarters
74:Predecessors
34:Company type
20:Tarkett S.A.
394:Frankenthal
378:Liljeholmen
973:Categories
926:"Segments"
911:2018-09-17
766:25 January
543:. Tarkett.
513:References
487:Activities
458:La DĂ©fense
352:Tarkett AG
326:Volkswagen
318:Rubbermaid
284:La DĂ©fense
183:Net income
116:Key people
104:La DĂ©fense
83:Tarkett AG
953:. Tarkett
928:. Tarkett
560:. Tarkett
558:"History"
496:Ownership
442:FieldTurf
423:Frankfurt
370:parquetry
46:Traded as
427:Faurecia
310:Nanterre
125:Chairman
66:Industry
868:16 June
760:b92.net
374:Limhamn
342:Peugeot
305:plastic
294:History
286:, near
261:Website
142:Revenue
91:Founded
54::
932:2 June
890:2 June
842:2 June
789:3 June
740:2 June
714:4 June
690:
654:
620:2 June
592:
564:2 June
344:, and
338:Nissan
252:Parent
246:12,000
236:(2023)
216:(2023)
196:(2023)
176:(2023)
156:(2023)
109:France
957:6 May
836:(PDF)
541:(PDF)
389:Stora
366:Malmö
288:Paris
959:2024
934:2017
892:2017
870:2017
844:2017
816:2005
791:2017
768:2018
742:2017
716:2017
688:ISBN
652:ISBN
622:2017
590:ISBN
566:2017
400:and
346:Saab
334:Ford
56:TKTT
456:in
450:IPO
446:KKR
330:BMW
314:PVC
132:CEO
975::
942:^
852:^
824:^
807:.
758:.
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682:.
666:^
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604:^
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404:.
340:,
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328:,
107:,
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936:.
914:.
894:.
872:.
846:.
818:.
793:.
770:.
744:.
718:.
696:.
660:.
624:.
598:.
568:.
152:€
134:)
127:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
