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Tarkett

Tarkett, a world leader in flooring and sports surface solutions

Tarkett 2024 Universal Registration Document Image
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CAPITAL HELD BY WENDEL
23.2
%¹
AMOUNT INVESTED BY WENDEL
€222
m²
YEAR OF ACQUISITION
2021

The Tarkett group’s leadership position in the flooring industry is the result of 140 years of experience, and builds on the talent, values and commitment of generations of entrepreneurs. Tarkett develops, manufactures and sells one of the broadest ranges of flooring products and addresses diversified commercial and residential end-markets, mainly focusing on renovation.

(1) Share of equity owned by Wendel as of December 31, 2024, net of treasury stock. Stake held via Tarkett Participation as part of the partnership with the Deconinck family.
(2) Amount of equity invested by Wendel as of December 31, 2024, for the stake held at that date through Tarkett Participation.
Key figures
icon
€3,332 m
2024 sales
suite-pictos-bonhommes-2
c. 12,000
employees including 29% of women among managers and executives in 2024
i-3
19 %
of recycled materials in raw materials in 2024
performance-esg-4

ESG Ratings

CDP : A
Ecovadis : Platinum

Why did we invest in Tarkett ?

Wendel announced on April 23, 2021 that it had partnered with the Deconinck family to form Tarkett Participation to support Tarkett’s growth. The Deconinck family will maintain a controlling stake in
the company. Wendel is represented by an observer on Tarkett’s Board of Directors and has governance rights commensurate with the level of its minority shareholding.

On October 26, 2021, Tarkett Participation announced that it held, directly or indirectly, 90.41% of Tarkett’s share capital (compared with 86.27% following the close of the simplified tender offer on July 9, 2021). Minority shareholders of Tarkett now hold less than 10% of share capital and voting rights.

Tarkett Participation could contemplate a potential squeeze-out procedure, in accordance with the regulations, but this is not on the table at this time. Tarkett Participation is controlled by the Deconinck family.

Wendel has invested a total of €222 million for a total stake of 25.9% of Tarkett Participation’s capital, representing a 23.4% ownership of Tarkett.

Tarkett has many strategic assets:

  • a leading position as the world’s 3rd largest flooring supplier worldwide (based on 2022 sales);
  • balanced geographical exposure and diversified market segments;
  • a product range among the widest in the flooring and sports surface industry;
  • long-term relationships with customers;
  • special long-term relationships with fitters and contractors;
  • a “GloCal” positioning;
  • an eco-innovation pioneer; and
  • an international and experienced management team.

Key milestones of the investment

2021
April 23, 2021
Wendel partners with the Deconinck family to acquire the shares of Tarkett and to support the growth of the company

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.

Read Tarkett’s 2024 Sustainability Brochure.

Read Tarkett’s 2024 Sustainability Statement (Chapter 3 of the URD).

Learn more about Climate & Circular Economy themes
Tarkett NON-FINANCIAL RATINGS
cdp
A
score obtained by CDP, “leadership” category (2024)
ecovadis-2
81/100
Platinum Medal, in top 1% of its industry category, highest level of maturity in this rating a company can reach (2024)

Top management

of Tarkett
48-ronds-fb
Fabrice Barthélemy
CEO
47-ronds-elb
Éric La Bonnardière
CHAIRMAN OF THE SUPERVISORY BOARD

Wendel’s role in corporate governance

Tarkett Participation
Board of Directors
Claude Ehlinger
David Varet

Tarkett SA
Board of Directors
Claude Ehlinger (Observer)

#Esg
11 April 2024
Tarkett publishes its 2023 CSR report
All news
– PRESS RELEASE
17 April 2025
Tarkett – 2025 Q1 Results
All press releases
 
1 April 2025
Tarkett unveils industry-first sustainability statement in line with new EU legislation
Useful links
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The information contained in this section of the website of Wendel (the “Seller”) (a) is only intended for, and may only be accessed by, or distributed or disseminated, directly or indirectly, in whole or in part, to persons resident and physically present outside the United States of America (including its territories and possessions, any state of the United States and the District of Columbia, the “United States”), Australia, Canada, or Japan, and resident and physically present in a jurisdiction where to do so will not constitute a violation of the local securities laws or regulations of such jurisdiction, and (b) does not constitute an offer to sell or the solicitation of an offer to buy or acquire any securities of the Bureau Veritas (the “Company”) in the United States, Australia, Canada, Japan, or any other jurisdiction where to do so might constitute a violation of the local securities laws or regulations of such jurisdiction.

The securities of the Company referred to in this section of the website (the “Securities”) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or with any securities regulatory authority of any state of the United States for offer or sale as part of their distribution and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. The Securities have not been and will not be registered under the applicable securities laws of Australia, Canada or Japan, or any other jurisdiction in which it would be unlawful or would require registration or other measures, and therefore may not be offered or sold to or for the account or benefit of any person having a registered address in, or located or resident in, Australia, Canada, Japan or any other jurisdiction in which it would be unlawful or would require registration or other measures.

Access to the information contained on this portion of the website may be illegal in certain jurisdictions, and only certain categories of persons may be authorized to access such information and documents. All persons who wish to have access to the documents contained in this section of the Seller’s website should first ensure that they are not subject to local laws or regulations that prohibit or restrict their right to access this section of the website, or require registration or approval for any acquisition of securities by them. No such registration or approval has been or will be obtained. The Seller assumes no responsibility if there is a violation of applicable law and regulations by any person.

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IMPORTANT INFORMATION

The materials contained herein are not for general release, publication or distribution, directly or indirectly, in whole or in part, in or into the United States of America, Australia, Japan or any other jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction. Access to the information and documents on this portion of the website is restricted for regulatory reasons. You are requested to review the following information and make the following confirmation each time you seek to access this restricted information. Your confirmation must be true and accurate.

The information contained in this section of the website of Wendel SE, parent company of Eufor SAS (together “Wendel”) (a) is only intended for, and may only be accessed by, or distributed or disseminated, directly or indirectly, in whole or in part, to persons resident and physically present outside the United States of America (including its territories and possessions, any state of the United States and the District of Columbia, the “United States”), Australia, or Japan, and resident and physically present in a jurisdiction where to do so will not constitute a violation of the local securities laws or regulations of such jurisdiction, and (b) does not constitute an offer to sell or the solicitation of an offer to buy or acquire any securities of the Bureau Veritas (the “Issuer”) in the United States, Australia, Japan, or any other jurisdiction where to do so might constitute a violation of the local securities laws or regulations of such jurisdiction.

The securities of the Issuer referred to in this section of the website (the “Securities”) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or with any securities regulatory authority of any state of the United States for offer or sale as part of their distribution and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States.  The Securities have not been and will not be registered under the applicable securities laws of Australia or Japan, or any other jurisdiction in which it would be unlawful or would require registration or other measures, and therefore may not be offered or sold to or for the account or benefit of any person having a registered address in, or located or resident in, Australia, Japan or any other jurisdiction in which it would be unlawful or would require registration or other measures.

Access to the information contained on this portion of the website may be illegal in certain jurisdictions, and only certain categories of persons may be authorized to access such information and documents.  All persons who wish to have access to the documents contained in this section of Wendel’s website should first ensure that they are not subject to local laws or regulations that prohibit or restrict their right to access this section of the website, or require registration or approval for any acquisition of securities by them.  No such registration or approval has been or will be obtained.  Wendel assumes no responsibility if there is a violation of applicable law and regulations by any person.

If you are not permitted to view materials on this webpage or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.

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  4. I have read, understand and agree to comply with all of the restrictions set forth above.
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DISCLAIMER – IMPORTANT

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