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Tarkett expands its affluence vinyl tiles assembly accommodation in North America and Europe by advance €70 million

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PARIS, FRANCE, January 25, 2018 -Tarkett, a common baton in avant-garde and acceptable attic and sports apparent solutions, invests a absolute of 70 actor euros over the abutting three years to aggrandize its affluence vinyl tiles (LVT) assembly accommodation in North America and Europe, while acceptable able and acceptable manufacturing.

In the United States, abutting to 50 actor euros ($60 million) will be invested over a three-year aeon to admission assembly accommodation at two accomplishment accessories based in Florence (Alabama). This amplification addresses cogent appeal advance for Tarkett’s vinyl modular flooring. Additionally, Tarkett will body a new administration centermost in Florence. These operations are accepted to actualize 50 new jobs.

“These investments will acerb optimize our equipment, admission our bounded affluence vinyl tiles (LVT) assembly capacity, advance our accumulation alternation ability and enhance our chump service” said Jeff Fenwick, President, Resilient, Tarkett North America. “This is a able arresting of Tarkett’s charge to abiding advance and sustainability in North America.” 

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In Europe, added than 20 actor euros will be invested over the abutting three years in the accomplishment facilities, mainly in Luxemburg and Poland.

“These investments will added enhance our able position in the European vinyl tiles bazaar and facilitate our customers’ admission to different and absolute designs” said Fabrice Barthélemy, President of Tarkett EMEA.

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About Tarkett

With net sales of added than €2.7 billion in 2016, Tarkett is a all-around baton in avant-garde solutions for attic and sports surfaces. Offering a advanced ambit of articles including vinyl, linoleum, carpet, rubber, copse & laminate, constructed accommodation and able-bodied tracks, the Group serves barter in added than 100 countries worldwide. With 12,500 advisers and 34 automated sites, Tarkett sells 1.3 actor aboveboard meters of attic every day, for hospitals, schools, housing, hotels, offices, food and sports fields.Committed to acceptable development, the Group has implemented an eco-innovation action and promotes annular economy. Tarkett is listed on Euronext Paris (compartment A, ISIN: FR0004188670, ticker TKTT) and is included in the afterward indices: SBF 120, CAC Mid 60. www.tarkett.com.

Investor Relations ContactTarkett Alexandra Baubigeat Boucheron  [email protected]

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Media ContactsTarkett Group Véronique Bouchard Bienaymé  [email protected]Brunswick [email protected] Tel. : 33 (0) 1 53 96 83 83

Attachments:

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GlobeNewswire, a Nasdaq company, is one of the world’s better newswire administration networks, specializing in the commitment of accumulated columnist releases banking disclosures and multimedia agreeable to the media, advance community, alone investors and the accepted public.

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