Balta

Balta is the European market leader in wall-to-wall carpets and a global leader in mechanically-woven rugs. Balta also has significant and growing market positions in carpet tiles. The combination of rugs and carpet tiles are complementary to wall-to-wall carpet production and provides a stable portfolio effect. The company manufactures in Belgium and Turkey and operates a warehouse in the US. It sells its products across Europe, the Americas and Asia. Balta is vertically integrated for the purposes of yarn production.

In 2010, Balta further consolidated its European leadership position through the acquisition of the Domo floor covering business (“Domo”) from the family-owned Domo Group. In 2013, Balta divested its 50% interest in the laminate joint-venture Trinterio to IVC NV to further concentrate on growing its complementary portfolio of market leading soft flooring activities.