TKFTF on OTC Markets Group

Tarkett

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons4

French multinational corporation

Tarkett S.A., known until 2008 as Sommer-Allibert S.A., is a French multinational corporation specialising in the production of floor and wall coverings. Headquartered in La Défense, near Paris, the present company was formed in October 1997 by the merging of two others: French Sommer-Allibert and German Tarkett AG. These companies were in turn formed by the combination of various smaller companies in Sweden, Germany and France.2 Its shares trade on OTC Markets Group under the symbol TKFTF.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

Oct 3, 1997Founded1

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  • TickerTKFTF on OTC Markets Group1
  • HeadquartersLa Défense1
  • Websitewww.tarkett.fr
  • Legal formsociété par actions simplifiée1
  • LEI9695002EVBYM5B2OIP313
  • StatusActive3
  • LEI statusIssued and current3
  • Registered address1 TERRASSE BELLINI, 92800 Puteaux, France3
  • Registered withNational Institute of Statistics and Economic Studies, 3528493273
TarkettSiteNarni
Photo: Mhaggar at English Wikipedia, Public domain, via Wikimedia Commons6

Tarkett S.A., known until 2008 as Sommer-Allibert S.A., is a French multinational corporation specialising in the production of floor and wall coverings. Headquartered in La Défense, near Paris, the present company was formed in October 1997 by the merging of two others: French Sommer-Allibert and German Tarkett AG. These companies were in turn formed by the combination of various smaller companies in Sweden, Germany and France. The name Tarkett came from a product developed by a Swedish predecessor.2

Corporate structure

Tarkett sits at the top of its group. 11 entities, 7 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Tarkett Puteaux, France
    • Tarkett d.o.o. Subsidiary · Bačka Palanka
    • Tarkett B.V. Subsidiary · 100% · Waalwijk, Netherlands
    • FIELDTURF TARKETT Subsidiary · Paris, France
    • TANDUS CENTIVA LIMITED Subsidiary · Halifax, Nova Scotia, Canada
    • Tarkett Subsidiary · Dendermonde, Belgium
    • TARKETT FRANCE Subsidiary · Puteaux, France
    • Tarkett GDL S.A. Subsidiary · Lentzweiler, Luxembourg
      • Tarkett Aktiebolag Subsidiary · Ronneby, Sweden
    • TARKETT HOLDING GMBH Subsidiary · Frankenthal, Germany
    • TARKETT SPORTS B.V. Subsidiary · Waalwijk, Netherlands

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

Sommer-Allibert

In 1972 Allibert, a company established in 1913 which had developed into plastic products for the automotive and housing industries, and Sommer, a company established in 1880 which specialised in floor and wall coverings, were merged to form Sommer-Allibert. The merging was designed by then-Allibert CEO Bernard Deconinck, which became the leader of Sommer-Allibert. The Nanterre-based company was expanded on the next years, mostly through the acquisition of smaller rivals. The group's automotive business, while a core revenue generator, was mainly centred on France. The floor and wall covering business (especially PVC coverings) expanded through Europe, North America and Asia, including a joint venture with American manufacturer Rubbermaid between 1989 and 1992. In 1989, Deconinck became the chief of a holding (owned by the Deconinck family) with a significant share of Sommer-Allibert and the day-to-day management was transferred to Mark Assa.

In the 1990s the company tried to strengthen its automotive division, increasing its business volume with manufacturers like Volkswagen, BMW, Ford, Nissan, Peugeot, and Saab. It also expanded its automotive parts manufacturing facilities in Europe and the United States.

Tarkett AG

In 1885, Anders Martensson opened a woodworking facility for furniture in Malmö, Sweden. In 1886, it became a company known as Malmö Woodworking Factory (AB Malmö Snickerifabrik). In 1889, investor R.F. Berg took control and introduced wood flooring production, especially parquetry, opening a second facility in Limhamn. In 1907, Berg died and was replaced by Ernst Wehtje. After various setbacks, Wehtje sold off most minor operations of the company and, by the 1920s, refocused it almost exclusively on the wood flooring industry, renaming it as Limhamns Snickerifabrik. In 1925, the company was renamed again as Limhamns Golvindustri AB, under the leadership of Hugo Wehtje. Production was moved from Limhamn to Liljeholmen. In 1938, the company introduced the Lindemann board (a ready-to-use parquet board), which was larger and therefore cheaper to install than parquet's previous small boards. During the following years, the company acquired rivals on the Swedish market, entered into the laminated floorboards business and, in 1946, introduced a plastic replacement for wood covering, known as Tarkett, which became a sales success. Under the next leader, Urban Wehtje, the company started to develop an international network and diversified its production of wood and plastic coverings for building interiors. By the 1960s, the Wehtjes sold a significant percentage of the company's stake and, in 1967, it was listed on the Swedish stock exchange as Tarkett.

In 1970, Tarkett was acquired by Svenska Tändsticks AB (in turn acquired by Stora in the 1980s) and in 1978 it was merged with carpeting manufacturer Aneplas. The company continued its expansion in Europe and North America. In the late 1980s, then-CEO Lars Wisén decided to merge it with German rival Pegulan, and the headquarters were moved from Sweden to Frankenthal, Germany. The new company resulting from the merger was named Tarkett-Pegulan (later Tarkett AG) and Wisén became the CEO of the combined operations. In 1994, Stora sold the company to the investment firms CWB Capital Partners and Goldman Sachs Investment Bank.

Merging of Sommer-Allibert and Tarkett AG

In the late 1990s, Wisén met Assa and convinced him of transferring the interior covering division of Sommer-Allibert to Tarkett AG. In exchange, Wisén would secure Sommer-Allibert taking control of at least 50% of Tarkett AG shares from the stockholders. The two parts agreed on the deal and it was announced by June 1997. Sommer-Allibert secured over 60% of Tarkett AG (owned since then by Tarkett Sommer AG) in October of that year. The combined operation was listed on both the Paris (through Sommer-Allibert S.A.) and Frankfurt (through Tarkett AG) stock exchanges. Wisén continued managing Tarkett Sommer AG–Sommer-Allibert interior coverings business from Germany, but he was fired in 1998 and the control was passed to the French headquarters. In 2000, Sommer-Allibert divested its automotive division, selling it to Faurecia. Faurecia also acquired the remaining listed shares of Sommer-Allibert, which was delisted. In April 2002, Tarkett-Sommer founded a joint-venture company with the Serbian manufacture company Sintelon, named Takett-Sintelon.

In 2003, all company operations started to use the trading name Tarkett. In 2004, the company's Tarkett Sports division formed an alliance with the Canada-based synthetic turf manufacturer FieldTurf before taking control of it in 2005. In 2006, Tarkett AG was wholly acquired by Sommer-Allibert and also delisted from the stock exchange. In 2007, the investment firm KKR became co-owner together with the Deconinck family. In 2008, Sommer-Allibert renamed itself as Tarkett S.A. In 2013, the company was relisted through an IPO, with KKR selling a 25% of its stake while the Deconincks kept over a half of the shares. In 2015, the headquarters were moved from Nanterre to the Tour Initiale in La Défense.

In June 2013, Fiberfloor products achieved Asthma and Allergy Friendly Certification.

From Wikipedia’s article on Tarkett, shared under CC BY-SA 4.0.5

Products and brands

  • Desso GrassMaster

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Acquisitions

  1. Succeeded Sommer-Allibert1

Timeline

  1. Oct 3, 1997Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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