Tarkett
Tarkett is a company.
Financial History
Leadership Team
Key people at Tarkett.
Tarkett is a company.
Key people at Tarkett.
Key people at Tarkett.
Tarkett is a French multinational corporation and a global leader in innovative and sustainable flooring and sports surface solutions, with over 140 years of history.[7][9] The company manufactures a wide range of products including vinyl, linoleum, wood, carpet, and resilient flooring, as well as sports surfaces, serving hospitals, schools, hotels, offices, stores, sports fields, and residential users in over 100 countries.[1][2][7] It operates 35 production sites, 24 R&D centers, and 8 recycling centers worldwide, employing nearly 12,000 people and generating €3.3 billion in turnover in 2024, with a strong emphasis on circularity through recycling programs like ReStart to minimize waste.[1][7]
Tarkett solves key challenges in durable, hygienic, low-maintenance, and eco-friendly interior and sports surfaces, from commercial spaces to athletic venues, riding trends in sustainability and performance materials.[1][7]
Tarkett's roots trace back to multiple 19th-century ventures that merged over time. In 1886, Tarkett AB was founded in Ronneby, Sweden, as a high-quality flooring manufacturer, evolving from wood parquetry in Malmö (starting 1885) to introducing the iconic vinyl-based "Tarkett" plastic floorboard in 1946, which became a sales hit for public spaces like schools and hospitals.[1][2][4] Parallelly, French entities like Sommer (1959, a major floorcoverings producer) and predecessors such as the Michels Factory (1884) and Allibert laid groundwork in resilient flooring and plastics.[1][2][6]
Pivotal mergers shaped its growth: In 1972, Sommer and Allibert formed Sommer Allibert; it merged with Tarkett in 1997, adopting the Tarkett name in 2003 (previously Sommer-Allibert SA until 2008).[1][2][6] Acquisitions like Swedish Match's takeover in 1970, FieldTurf (2004), Johnsonite (2005), and others fueled global expansion, transforming it from Nordic and French roots into a worldwide flooring powerhouse by the 1980s.[1][2][4]
Tarkett rides the wave of sustainable construction and circular economy trends, where demand for low-waste, recyclable materials aligns with global regulations on building efficiency and environmental impact.[1][7] Timing favors it amid post-pandemic hygiene focus in public spaces and rising sports infrastructure investments, bolstered by market forces like urbanization and green building standards (e.g., minimizing adhesives for air quality).[1][4]
It influences the ecosystem by setting benchmarks in flooring tech—early vinyl and recycling innovations reduced landfill waste and maintenance costs—while acquisitions expand resilient, performance-driven surfaces for commercial and sports applications, supporting broader shifts toward durable, multifunctional interiors.[2][7]
Tarkett is poised to deepen its circularity leadership, expanding recycling hubs and R&D for bio-based, carbon-neutral flooring amid tightening ESG mandates and smart building integrations.[7][9] Trends like AI-optimized manufacturing and climate-resilient sports surfaces will shape its path, potentially boosting margins through premium sustainable lines.
As a 140-year innovator, Tarkett's evolution from wood floors to global eco-solutions positions it to dominate the €3.3B+ flooring market, tying back to its founding ethos of durable, accessible surfaces for modern life.[7]