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EUROPEAN carpet giant Balta has announced the acquisition of U.S. flooring company Bentley Mills Inc, a high-end commercial carpet tile maker.

 

The incorporation of Bentley Mills into the Belgium based Balta group follows a recapitalisation of the Californian company in January by Lone Star, the global private equity business.


Lone Star has owned Balta since 2015.


In a statement, Balta said it will continue to support the Bentley brand, and will make use of its sales force and market power to accelerate the growth of its European Modulyss carpet tiles in the U.S.


It added that Bentley’s line of premium carpet tiles — which have been used in landmark projects including the past nine presidential inaugurations — will be sold worldwide through Balta’s distribution.


Balta said that on a pro-forma basis, the combined businesses generated aggregate sales of 668 million euros in 2016. Of that, Balta generates around 150 million euros of its turnover from the U.K.



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