Tarkett

Tarkett is a French multinational company focused on flooring, selected wall-covering applications and sports-surface systems. The group supplies residential, commercial, institutional and athletic environments, serving customers such as architects, designers, contractors, installers, distributors, facility managers, building owners and household consumers. Its solutions are used in homes, schools, hospitals and aged-care facilities, offices, stores, hotels, transport and industrial settings, sports halls, fitness facilities and outdoor athletic venues. The present corporate entity was created on October 3, 1997, through the combination of French Sommer-Allibert and German Tarkett AG. The company retained the Tarkett name because it originated with a successful plastic floor-covering product introduced by a Swedish predecessor in 1946. The corporate history therefore combines several strands: Sommer’s long experience in floor and wall coverings, Allibert’s plastics and automotive activities, and the Swedish wood-flooring and resilient-flooring businesses that developed into Tarkett AG. Sommer-Allibert was renamed Tarkett S.A. in 2008. Tarkett’s portfolio spans resilient flooring, including vinyl rolls, luxury vinyl tile and homogeneous or heterogeneous vinyl; linoleum; carpet and carpet tile; wood; laminate; rubber products and accessories; wall protection and wall-covering products; and sports surfaces. Sports offerings include indoor point-elastic and area-elastic flooring, hardwood systems, artificial turf, running tracks and related athletic infrastructure. The company has historically operated through branded and acquired businesses including Tarkett, Sommer, Johnsonite, Desso, FieldTurf and other regional or specialist brands, although the precise portfolio has changed over time. The business is strongly oriented toward commercial and renovation markets. Tarkett’s 2024 corporate reporting described approximately 78% of net revenue as coming from commercial markets, including sports, and approximately 80% from renovation rather than new construction. The company reported operations through 35 industrial sites and sales in more than 100 countries. Its geographic mix has included North America, Europe, the Middle East, Africa, Latin America, Asia-Pacific and CIS-related markets. Sustainability and circularity have become central to Tarkett’s corporate positioning. The company promotes lower-emission materials, product transparency, recycled content, take-back schemes and the reuse or recycling of post-consumer flooring. Its ReStart program collects end-of-life flooring in multiple countries, while its Human-Conscious Design platform frames product development around human well-being, indoor environments, performance and planetary impact. Tarkett joined the United Nations Global Compact in 2010 and has public climate and recycled-material targets extending to 2030. The company was publicly traded again after its 2013 initial public offering, but concentrated ownership subsequently increased. Tarkett Participation and concert parties associated with the Deconinck family and Wendel held approximately 90.4% of the share capital at the end of 2024. A public buy-out offer at €17 per share was approved by the French financial regulator in June 2025, followed by a mandatory squeeze-out and delisting from Euronext Paris on December 23, 2025. Tarkett remains an active operating group, but its listed-company status ended with that transaction.

Tarkett’s corporate history is the result of several European flooring businesses gradually combining manufacturing, product innovation and international expansion. One important predecessor was Sommer, founded in 1880 and focused on floor and wall coverings. Another was Allibert, established in 1913 and active in plastics for the automotive and housing industries. In 1972 the two companies merged to form Sommer-Allibert. The combination was associated with Bernard Deconinck, who had led Allibert and became the leading figure in the new group. During the following decades, Sommer-Allibert expanded through acquisitions and developed flooring activities in Europe, North America and Asia. Its automotive division remained important until it was sold to Faurecia in 2000. The second major predecessor developed from a Swedish woodworking business. Anders Martensson opened a furniture-oriented woodworking facility in Malmö in 1885, which became AB Malmö Snickerifabrik the following year. Investor R.F. Berg later introduced wood-flooring production, particularly parquetry. Under the Wehtje family, the business gradually abandoned smaller activities and concentrated on wood flooring. It moved production, changed names several times and introduced the Lindemann board in 1938, a larger ready-to-use parquet element designed to reduce installation cost. The Swedish business subsequently expanded into laminated flooring and, in 1946, introduced a plastic alternative to wood flooring under the name Tarkett. That product became commercially successful and eventually supplied the corporate identity. Under Urban Wehtje, the company built an international network and diversified across wood and plastic interior coverings. It was listed on the Swedish stock exchange as Tarkett in 1967. In 1970 it was acquired by Svenska Tändsticks AB, later associated with Stora, and in 1978 it merged with carpet manufacturer Aneplas. During the late 1980s, Tarkett combined with German rival Pegulan under the leadership of Lars Wisén. The headquarters moved from Sweden to Frankenthal, Germany, and the combined operation became Tarkett-Pegulan and later Tarkett AG. Stora sold the company in 1994 to CWB Capital Partners and Goldman Sachs Investment Bank. The business continued expanding across Europe and North America, creating an industrial and commercial platform that could be combined with Sommer-Allibert’s interior-coverings activities. In 1997, Wisén and Mark Assa negotiated a transaction transferring Sommer-Allibert’s interior-coverings division into a structure controlled by Tarkett AG. Sommer-Allibert acquired more than 60% of Tarkett AG in October 1997, creating the combined Tarkett Sommer group. The operation was initially associated with both French and German stock-market listings. After Wisén’s departure in 1998, control of the interior-coverings business shifted toward the French headquarters. Sommer-Allibert sold its automotive activities to Faurecia in 2000, and Faurecia also acquired the remaining listed shares of Sommer-Allibert, resulting in delisting. The flooring group continued to expand. In April 2002 it established a joint venture with Serbian manufacturer Sintelon. In 2003 the businesses adopted Tarkett as their common trading name. Tarkett Sports formed an alliance with Canadian synthetic-turf manufacturer FieldTurf in 2004 and took control of the business in 2005, strengthening the group’s presence in athletic fields and sports infrastructure. Tarkett AG was fully acquired by Sommer-Allibert and delisted in 2006. In 2007 KKR became a co-owner alongside the Deconinck family, and in 2008 Sommer-Allibert formally changed its name to Tarkett S.A. Tarkett returned to the public markets through a 2013 initial public offering. KKR sold part of its stake while the Deconinck family retained a controlling position. In 2015 the headquarters moved from Nanterre to Tour Initiale in Paris La Défense. During the 2010s and 2020s, Tarkett broadened its offering through resilient flooring, carpet, wood, laminate, rubber, wall protection and sports surfaces, while developing stronger sustainability and circular-economy programs. It positioned itself as a global flooring and sports-surface specialist rather than only a residential floor brand. The group’s later strategy emphasized customer experience, innovation, decentralized execution and environmental performance. The ImpacT 2027 plan, launched in 2022, formalized these priorities. Tarkett also expanded its Human-Conscious Design message, linking design and performance with indoor health, transparency and resource efficiency. By 2024 the group reported 35 industrial sites and operations in more than 100 countries, with a business mix weighted toward commercial applications and renovation. Ownership became increasingly concentrated after the 2021 simplified tender offer. By the end of 2024, concert parties led by Tarkett Participation and associated with the Deconinck family and Wendel controlled about 90.4% of the share capital. In 2025 Tarkett Participation launched a public buy-out offer at €17 per share. The offer was followed by a mandatory squeeze-out, and Tarkett’s shares were delisted from Euronext Paris on December 23, 2025. The operating business continued as an active privately controlled flooring and sports-surfaces group.

1. 2025Public buy-out offer approved

   The AMF approved Tarkett Participation’s public buy-out offer at €17 per share.

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2. 2025Euronext Paris delisting completed

   Tarkett shares were removed from the regulated Euronext Paris market on December 23, 2025 following the mandatory squeeze-out.

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3. 2024Leadership changes in Sports and North America

   Eddy Schmitt and Winn Everhart were appointed to lead Tarkett Sports and Tarkett North America respectively.

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4. 2022ImpacT 2027 strategy launched

   Tarkett launched a strategic plan focused on ease of doing business, innovation, sustainability and organizational performance.

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5. 2021Ownership concentration increases

   A simplified tender offer helped create the concert-party ownership structure that later controlled more than 90% of Tarkett’s share capital.

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6. 2015Headquarters move to La Défense

   Tarkett moved its headquarters from Nanterre to Tour Initiale in Paris La Défense.

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7. 2013Tarkett returns to public markets

   Tarkett was relisted through an initial public offering, with KKR reducing its position and the Deconinck family retaining control.

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8. 2013Fiberfloor receives indoor-environment certification

   Fiberfloor products achieved Asthma and Allergy Friendly certification in June 2013.

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9. 2010United Nations Global Compact joined

   Tarkett joined the United Nations Global Compact, formalizing an international sustainability and responsibility commitment.

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10. 2008Sommer-Allibert renamed Tarkett S.A.

    The legal company name was changed from Sommer-Allibert to Tarkett S.A.

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11. 2005FieldTurf control acquired

    Following an alliance formed in 2004, Tarkett took control of synthetic-turf specialist FieldTurf.

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12. 2003Tarkett becomes common trading name

    The group’s operations began using Tarkett as their common trading name.

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13. 2002Tarkett-Sintelon joint venture established

    Tarkett-Sommer created a joint venture with Serbian manufacturer Sintelon.

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14. 2000Automotive division sold to Faurecia

    Sommer-Allibert divested its automotive business, allowing the group to focus more fully on flooring and interior coverings.

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15. 1997Sommer-Allibert and Tarkett AG combine

    The present corporate structure was formed through the combination of Sommer-Allibert’s interior-coverings operations and Tarkett AG.

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16. 1978Merger with Aneplas

    Tarkett’s Swedish predecessor merged with carpet manufacturer Aneplas as part of its European expansion.

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17. 1972Sommer and Allibert merge

    The floor-covering company Sommer merged with plastics and automotive supplier Allibert to form Sommer-Allibert.

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18. 1967Tarkett listed in Sweden

    The Swedish flooring company was listed on the Swedish stock exchange as Tarkett.

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19. 1946Tarkett plastic floor covering introduced

    A Swedish predecessor launched a plastic alternative to wood flooring under the Tarkett name, creating the brand identity used by the later group.

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20. 1938Lindemann board introduced

    The Swedish predecessor introduced a larger ready-to-use parquet board designed to lower installation costs.

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21. 1885Swedish woodworking predecessor founded

    Anders Martensson opened a woodworking facility in Malmö, beginning the corporate lineage that later produced the Tarkett flooring business.

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22. 1880Sommer established

    Sommer was established as a business specializing in floor and wall coverings and later became one of the principal predecessors of Tarkett.

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A global, specification-driven flooring and sports-surface specialist positioned around design, durability, indoor well-being, athletic performance, customer service and circular-economy principles.

• Vinyl flooringResilient flooring

  Tarkett’s vinyl portfolio includes homogeneous and heterogeneous sheet products, luxury vinyl tiles and other resilient formats. These products are specified across healthcare, education, workplace, retail, hospitality and residential settings because they can combine design variety with durability, cleanability and comparatively efficient installation. The portfolio includes both general-purpose and specialist solutions, including products designed for high traffic, moisture-prone spaces and demanding commercial environments.

• Linoleum flooringResilient flooring

  Tarkett linoleum products are used in commercial, institutional and sports applications. Linoleum is presented as a durable floor-covering material with design, maintenance and indoor-environment attributes suited to schools, healthcare facilities, public buildings and sports spaces. Tarkett’s Linosport products extend the material into athletic environments where resistance, comfort and sports performance are important.

• Carpet and carpet tileTextile flooring

  The company supplies carpet and carpet-tile solutions for offices, hospitality, education, retail and other commercial interiors. Textile flooring allows Tarkett to address acoustic, aesthetic and zoning requirements that are distinct from resilient flooring. Product formats and collections vary by market, with options intended for modular replacement, design coordination and high-use commercial interiors.

• Wood flooringHard flooring

  Wood flooring is part of Tarkett’s historical and contemporary portfolio, extending from the Swedish predecessor’s parquet heritage to engineered wood and sports-flooring systems. The category addresses residential and commercial interiors as well as athletic facilities. Tarkett’s wood offering emphasizes natural appearance, installation systems, wear performance and application-specific construction.

• Laminate flooringHard flooring

  Tarkett’s laminate flooring products provide wood- and stone-inspired decorative surfaces in formats designed for residential and selected commercial applications. The category grew from the group’s historic expansion beyond solid wood and parquet. Typical value propositions include installation convenience, resistance to everyday wear and a broad range of decorative styles.

• Rubber flooring and accessoriesResilient flooring

  Rubber products and accessories address demanding commercial, institutional, sports and circulation areas. The portfolio includes resilient surfaces and complementary components intended to support durability, safety, maintenance and coordinated installation. In North America, the Johnsonite brand has been associated with rubber flooring and related commercial flooring products.

• OmnisportsIndoor sports flooring

  Omnisports is a Tarkett indoor sports-flooring family designed for multi-sport facilities ranging from schools and community gyms to higher-performance venues. Depending on the construction, systems are designed to support ball response, grip, energy return, athlete protection, indentation resistance and easy maintenance. Some variants are also intended for multi-use halls that host non-sporting events.

• LinosportIndoor sports flooring

  Linosport applies linoleum technology to sports environments. The product family is intended for sports halls and multi-purpose facilities where users need a balance of athletic protection, performance, durability, indoor-air considerations and practical maintenance. It forms part of Tarkett’s broader portfolio of resilient sports surfaces.

• LumaflexSports-flooring substructure

  Lumaflex is a Tarkett sports-flooring system family that combines resilient or linoleum playing surfaces with engineered subfloor constructions. The systems are designed to manage shock absorption, energy return, dimensional stability and sports performance. Different configurations address multi-use, competitive and application-specific indoor sports requirements.

• FlexlockWood sports flooring

  Flexlock is a preassembled wood sports-flooring solution designed for fast installation in multi-sport facilities. Tarkett describes its engineered construction as supporting consistent sports performance, dimensional stability and athlete safety. Factory-applied lacquer and reinforced panels are intended to improve wear, scratch and moisture resistance while reducing installation complexity.

• FieldTurfArtificial turf2005

  FieldTurf is the group’s specialist artificial-turf platform for sports fields and athletic venues. It broadened Tarkett’s business beyond indoor and building-interior flooring into synthetic grass systems, field design and sports infrastructure. The business serves organized sports and other institutional or recreational applications, with systems selected according to sport, usage intensity and performance requirements.

• Athletics tracksOutdoor sports surfaces

  Tarkett’s sports activities include track and field surfaces and related athletic infrastructure. These solutions are designed around competition requirements, athlete protection, durability and installation conditions. The sports division also provides project expertise for facilities that require coordinated field, track and court systems.

• ReStartCircularity service

  ReStart is Tarkett’s take-back and recycling program for end-of-life flooring. It is intended to collect used flooring from selected projects and markets, enabling materials to be diverted from disposal and, where technically feasible, returned into manufacturing or other recycling streams. The program supports Tarkett’s broader circular-economy positioning and product-transparency agenda.

• 2026ChangeNOW planetary-boundaries participation

  Global

  Tarkett participated in ChangeNOW 2026, using the event to discuss circularity, recycled content, longer-lasting products, carbon pricing and business within planetary boundaries.

  Outcome. The appearance reinforced Tarkett’s public advocacy for circular construction and lower-impact flooring and sports surfaces.

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• 2023Tarkett Human-Conscious Design

  Global

  Human-Conscious Design formalized Tarkett’s brand promise to create flooring and sports surfaces that support people and the planet. The platform combines understanding of users, conscious material choices and close collaboration throughout projects.

  Outcome. The platform became a central expression of Tarkett’s current brand and sustainability positioning.

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• 2022ImpacT 2027

  Global

  ImpacT 2027 was launched as a strategic transformation program focused on customer experience, innovation, sustainability, committed teams and decentralized performance.

  Outcome. The plan became Tarkett’s stated framework for improving its commercial model and environmental performance through 2027.

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• 2020Doing Good. Together.

  Global

  Doing Good. Together. served as a broad corporate sustainability and circular-economy platform emphasizing healthier materials, recycling, transparency and collaboration with customers and partners.

  Outcome. The platform helped consolidate Tarkett’s environmental and social initiatives under a common corporate message.

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• 2013Fiberfloor Asthma and Allergy Friendly certification

  North America · Europe

  Tarkett promoted Fiberfloor products after they received Asthma and Allergy Friendly certification, linking resilient-flooring performance with indoor-environment considerations.

  Outcome. The certification supported Tarkett’s positioning around healthier indoor spaces and reduced allergen-related concerns.

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• 2010United Nations Global Compact participation

  Global

  Tarkett joined the United Nations Global Compact as part of its long-term commitment to responsible business, human rights, labor principles, environmental responsibility and anti-corruption.

  Outcome. The initiative became part of Tarkett’s public sustainability narrative and corporate responsibility framework.

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• 2025Public buy-out offer and mandatory squeeze-outM&A

  Tarkett Participation and concert parties controlled more than 90% of Tarkett’s share capital and voting rights, while the public float and trading volume had become limited.

  What changed. Tarkett Participation launched a public buy-out offer at €17 per share. Following AMF approval, the remaining shares were subject to a mandatory squeeze-out.

  Aftermath. Tarkett shares were delisted from Euronext Paris on December 23, 2025, ending the company’s status as a listed issuer and simplifying its ownership structure.

  Public buy-out offer price per share. €17 (2025 offer)

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• 2022Launch ImpacT 2027Strategy

  Tarkett identified changing customer expectations, faster innovation cycles and rising sustainability requirements as reasons to transform its operating model.

  What changed. The company launched ImpacT 2027 around four broad priorities: better products and customer experience, innovation and sustainability, committed teams, and decentralized high performance.

  Aftermath. The plan became the principal strategic framework used in Tarkett’s corporate communications and sustainability agenda.

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• 2013Return to public markets through an IPOOther

  After years of private ownership involving the Deconinck family and KKR, Tarkett pursued a new public listing to support the next phase of its development.

  What changed. Tarkett completed an initial public offering and was relisted on Euronext Paris; KKR sold approximately 25% of its stake while the Deconinck family retained more than half of the shares.

  Aftermath. Tarkett regained access to public equity markets while remaining controlled by its principal family shareholders.

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• 2005Take control of FieldTurfM&A

  Tarkett Sports had formed an alliance with Canadian synthetic-turf manufacturer FieldTurf in 2004 to expand into artificial sports surfaces.

  What changed. Tarkett took control of FieldTurf in 2005.

  Aftermath. The acquisition broadened Tarkett’s sports business from flooring into artificial turf and helped establish a larger global sports-surfaces platform.

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• 2002Create Tarkett-Sintelon joint ventureM&A

  Tarkett sought to strengthen its manufacturing and market position in Eastern Europe through cooperation with Serbian flooring manufacturer Sintelon.

  What changed. Tarkett-Sommer and Sintelon established a joint venture named Tarkett-Sintelon.

  Aftermath. The partnership expanded Tarkett’s regional production and commercial reach.

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• 2000Exit the automotive-components businessStrategy

  Sommer-Allibert had historically operated a significant automotive division alongside flooring and wall coverings.

  What changed. The automotive division was sold to Faurecia, with Faurecia also acquiring the remaining listed shares of Sommer-Allibert.

  Aftermath. The group became more concentrated on floor coverings, wall coverings and related interior-surface activities, and Sommer-Allibert was delisted.

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• 1997Combine Sommer-Allibert interior coverings with Tarkett AGM&A

  Sommer-Allibert and Tarkett AG sought to combine complementary European flooring and interior-covering activities while preserving access to established manufacturing and distribution networks.

  What changed. Sommer-Allibert transferred its interior-coverings division into a structure involving Tarkett AG and acquired more than 60% of Tarkett AG in October 1997.

  Aftermath. The transaction created the modern Tarkett group and established the corporate foundation for its subsequent international expansion.

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• 2026Tarkett publishes 2025 sustainability statement

  Tarkett reported further progress in recycled materials, renewable energy and value-chain emissions, while maintaining a 2030 ambition for higher recycled content.

  Other
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• 2026Tarkett participates in ChangeNOW 2026

  CEO Fabrice Barthélemy presented the company’s perspective on planetary boundaries, circularity, longer-lasting products and the shift from volume toward value.

  CampaignOther
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• 2025Tarkett reports 2024 sustainability progress

  The company reported a reduction in value-chain greenhouse-gas emissions, increased use of recycled materials and the expansion of its ReStart take-back and recycling program.

  Other
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• 2025Tarkett receives AMF approval for public buy-out offer

  Tarkett Participation received approval for a public buy-out offer at €17 per share, to be followed by a mandatory squeeze-out of remaining shares.

  M&AOther
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• 2025Tarkett shares delisted following mandatory squeeze-out

  The squeeze-out timetable set December 23, 2025 as the effective delisting date for Tarkett shares from Euronext Paris.

  M&AOther
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• 2024Tarkett announces leadership changes in North America and Sports

  Eddy Schmitt was appointed President and CEO of Tarkett Sports and Winn Everhart became President and CEO of Tarkett North America. Eric Daliere announced his departure after leading Tarkett Sports and North American flooring.

  Leadership change
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• 2022Tarkett launches the ImpacT 2027 strategic plan

  Tarkett introduced a strategic program centered on becoming easier to work with, more innovative and more sustainable, supported by product improvement, customer experience, organizational performance and engaged teams.

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1. Tarkett
2. 2024 Universal Registration Document
3. Tarkett Human-Conscious Design
4. Our Strategy
5. Launch of the ImpacT 2027 strategic plan
6. Leadership changes in Tarkett North America and Tarkett Sports
7. Public buy-out offer initiated by Tarkett Participation
8. Implementation of squeeze-out and delisting timetable
9. 2025 Sustainability Statement
10. Sports and wellness flooring solutions
11. Headquarters move to La Défense
12. Public buy-out offer approved
13. Doing Good. Together.
14. ChangeNOW planetary-boundaries participation
15. Tarkett reports 2024 sustainability progress