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Tarkett S.A., known until 2008 as Sommer-Allibert S.A., is a French multinational corporation specialising in the production of floor and wall coverings. Headquartered in La Défense, near Paris, the present company was formed in October 1997 by the merging of two others: French Sommer-Allibert and German Tarkett AG.
Tarkett (full name: Tarkett d.o.o. Bačka Palanka) is a Serbian manufacture company with the headquarters in Bačka Palanka, Serbia. It is owned by the French company Tarkett, and it is specialized in floor coverings and flooring production. It is one of the most profitable companies and biggest exporter companies of Serbia.
In Europe, the company also produces and sells insulation, panels and mezzanine flooring. The company employs 43,000 people in operations in Australia, Brazil, Canada, Europe, Malaysia, Mexico, New Zealand, Russia and the United States. [5] A Fortune 500 company, Mohawk is the world's largest flooring manufacturer. [6] [7] [8]
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Other non-buyout investments completed by KKR during this period included Legg Mason, Sun Microsystems, Tarkett, Longview Power Plant, and Seven Network. In October 2006, KKR acquired a 50% stake in Tarkett, a France-based distributor of flooring products, in a deal valued at about €1.4 billion ($1.8 billion).
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