Tarkett Group leadership is the result of 140 years of flooring experience, thanks to the talent, values and commitment of generations of entrepreneurs. Initially known as Allibert and Sommer, the company’s story begins with the ideas, energy and commitment of its founding entrepreneurs.
100.60 EUR | +0.60 %
09/12/2021 15:02:11
ANR | €184.5 / share
09/30/2021
Tarkett
Tarkett, a worldwide leader in innovative flooring and sports surface solutions
23.3%(1)
capital held by Wendel
Tarkett develops, manufactures and sells one of the broadest ranges of flooring products and addresses diversified commercial and residential end-markets, mainly focus on renovation. The Group also benefits from a very balanced exposure in terms of geography.
Key figures
€2,633
M
2020 net sales
€219.6
M
amount invested by Wendel since 2021 (2)
26
%
of women among managers and executives
13
%
of raw materials come from recycled materials
(2) Amount invested in partnership with the Deconinck family, for the acquisition of Tarkett shares.
Why did we invest in Tarkett ?
As part of its 2021-24 investment strategy, Wendel partners with the Deconinck family to form Tarkett Participation, which will support Tarkett’s growth. The Deconinck family will maintain a controlling stake in the company. Wendel is represented on Tarkett’s Board of directors and has corporate governance rights in coherence with the level of its minority shareholding.
Tarkett
Quotes
from
The reinforcement of the Deconinck family’s control and the contribution of Wendel, a renowned long-term family investor will enable Tarkett to pursue its ongoing transformation and to seize new opportunities.
Tarkett is a prime example of entrepreneurship, and we are pleased to support the company over the long term, alongside members of the family. We are eager to support Tarkett in its future growth.
Key milestones of the investment
2021
What is Tarkett’s ESG approch?
For over 140 years now, Tarkett commits every day to the design of great spaces. For Tarkett, this means putting people and planet first, caring about the environment and the health of present and future generations incorporated byTarkett Human-Conscious DesignTM approach.
It is Tarkett’s holistic way of doing business capable of marrying the specific expectations of each of its customers with the profound challenges of protecting our planet, reducing its carbon footprint and changing the game with circular economy. Working together with its partners, Tarkett delivers safer and healthier spaces in which people can reach their full potential.
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Tarkett NON-FINANCIALS RATINGS
B
score obtained by CDP, “management level” category (2020)
AA
score obtained by MSCI (2020)
74/100
Platinum Medal, in top 1% of its industry category, highest level of maturity in this rating a company can reach (2021)
19.4
Low Risk assessed by Sustainalytics (2020)
Top management of Tarkett
