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Tarkett — M&A Activity 2015
May 11, 2015
1691_iss_2015-05-11_c94dc541-33b9-4500-8cb6-af63b67b1e32.pdf
M&A Activity
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TARKETT PRESS RELEASE
Tarkett, through its Beynon subsidiary, acquires California Track and Engineering, a professional track builder in North America
Paris (France) - May 11, 2015
Beynon Sports Surfaces, Inc. (Beynon), a Tarkett Sports company focused on high performance running tracks and indoor gymnasiums, announces the acquisition of California Track and Engineering's assets (CTE), a professional track builder in the United States.
Headquartered in Fresno, California, CTE expands Beynon's presence on the West Coast and strengthens its expertise in sports surfacing installation. CET has realized 7.3 million US dollars of sales in 2014.
"We are excited to add the talented team at California Track to the Tarkett Sports organization. This acquisition will allow us to deliver unmatched service, products and value to our customers across the Western United States," explained Eric Daliere, President of Tarkett Sports.
About Tarkett Sports
Tarkett Sports offers a comprehensive portfolio of sports flooring solutions: FieldTurf artificial turf for baseball, American football, soccer, rugby and golf; Beynon running tracks for outdoor and indoor surfaces; synthetic and hardwood flooring for basketball; floor protection and covering systems for gymnasium and weight room, for volleyball, squash and racquetball courts.
About Tarkett
Tarkett is a global leader in innovative and sustainable solutions for flooring and sports surfaces. With a wide range of products including vinyl, linoleum, carpet, rubber, wood & laminate, synthetic turf and athletic tracks, the Group serves customers in more than 100 countries worldwide. With about 12,000 employees and 34 industrial sites, Tarkett sells 1.3 million square meters of flooring every day, for hospitals, schools, housing, hotels, offices, stores and sports fields. Committed to sustainable development, the Group has implemented an eco‐innovation strategy and promotes circular economy. Tarkett net sales of 2.4 billion euros in 2014 are balanced between Europe, North America and the region comprising CIS countries, APAC & LATAM. Tarkett is listed on Euronext Paris (compartment A, ticker TKTT, ISIN: FR0004188670) and is included in the following indices: SBF 120, CAC Mid 60, CAC Mid & Small, CAC All‐Tradable. www.tarkett.com
Investor Relations Contact
Tarkett ‐ Jacques Bénétreau ‐ [email protected] Tarkett ‐ Alexandra Baubigeat Boucheron ‐ [email protected]
Tarkett Media Contact
Tarkett Group ‐ Véronique Bouchard Bienaymé ‐ [email protected] Brunswick ‐ [email protected] ‐ Tel. : +33 (0) 1 53 96 83 83
Beynon Contact Drew Beynon ‐ [email protected]