Balta

Balta Group was acquired by Fund IV from the company’s founding family in August 2004.

It is the leading European manufacturer of wall-to-wall carpets and a global leader in the manufacture of area rugs. The Belgium-based company is also engaged in manufacturing for the fast-growing laminate flooring sectors. The combination of laminates and rugs is complementary to carpet production and provides a stable portfolio effect. Balta is vertically integrated for the purposes of yarn production.

The company manufactures in Belgium and Turkey and sells its products across Europe, the Americas and Asia. In 2010 Balta Group consolidated its European leadership position through the acquisition of the floorcoverings business of Domo Group, creating a business with sales in excess of €650m.