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Wakkensteenweg 2
8710 St-Baafs-Vijve - Belgium
T: +32 (0)56 62 22 11
F: +32 (0)56 62 22 46
info@baltagroup.com

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History of Balta Group

'50

'50

  • Decline of the flax industry in this region.
  • Previously 125 companies in Sint-Baafs-Vijve.
    Only 25 in 1960, including six rotary mills.
  • Diversification into the textile sector and the chipboard industry.
  • Gaston Balcaen, flax merchant.

1951

Gaston and his son Paul Balcaen establish Bavotex to manufacture fabrics for making
women's clothing.

1959

Paul Balcaen leaves Bavotex and starts his own business with the name "Etablissementen Paul Balcaen" for the production of woven rugs in the family warehouse at Wakkensteenweg 5 in Sint-Baafs-Vijve (now a wool warehouse).

29/04/1964

29/04/1964

Establishment of the public limited company Balta NV
(a contraction of Balcaen Tapijten) by Paul Balcaen,
manufacture of woven rugs in Sint-Baafs-Vijve.

1969

1969

Semi-worsted spinning mill start-up.

1970

1970

Start of hank dyeing production.

1974 ITC

1974 ITC

Start of tuft operations in Sint-Baafs-Vijve and establishment of I.T.C. (Imperial Tufting Company) in Tielt.

Start of piece dyeing.

1976

1976

Balta sponsors football team SV Waregem.

1977

1977

Establishment of Ideco NV (Imperial Decoration Company) in Tielt.

1978

1978

Start of latexing line.

1982

Start of polypropylene yarn extrusion.

1983

Start of Berber spinning mill.

1984 1984

1984

New offices and showroom in Sint-Baafs-Vijve.

Start of open-end spinning mill.

Filip Balcaen joins Balta.

1986

Start of Balta Contract division.

1988

1988

New weaving mill in Waregem: Balta Weaving, for face-to-face and Axminster.

1990

  • Establishment of Balta Industries.
  • Balta NV becomes a holding company for Balta Industries, ITC and Ideco.
  • Filip Balcaen takes over from his father Paul Balcaen.

1991

Ideco relocates to Industriepark Zuid in Tielt.
Start of vinyl wall covering manufacture.

ITC expansion on former Ideco site.

1992

1992

New manufacturing site in Avelgem for polypropylene yarn production, face-to-face weaving and warehouse.

ITC launches dope-dyed polyamide.
Expansion of yarn processing.

1993

  • Establishment of CCB (Coordination Centre Balta).
  • Launch of second dye and print line at ITC.

1994

Ideco: expansion to 30,000 m2, second vinyl production line.

ITC: second warehouse for 25,000 rolls of wall-to-wall carpet.

Balta Far East: sales office in Hong Kong.


Balta Sint-Baafs-Vijve:
second latexing line for wall-to-wall carpet;
additional tufting, spinning and warehouse capacity.

Balta Weaving: expansion of weaving capacity.

Avelgem:
expansion of extrusion and rug finishing department;
more capacity for cabling and heatsetting.

1997

1997

Start of new company IVC (International Vinyl Company) in Avelgem.

Manufacture of vinyl flooring.

1999

1999

Acquisition of Grantil SA in Châlons-en-Champagne, France;
manufacture of wall coverings.

Establishment of Balta Orient in Uşak, Turkey. Semi-worsted wool spinning mill.

2001

Establishment of Trinterio, a holding company for Balterio and Spanolux, as a 50:50 joint venture with Triax; now Spanogroup.
Manufacture of laminate flooring and MDF/HDF.

2002

2002

Establishment of Balta US, a North American distribution centre in Dalton, USA.

  • Expansion of Balta Orient in Turkey.
  • Incorporation of ITC and Ideco into Balta Industries to form a single legal entity under the name Balta Industries NV.
2004

2004

Balta Group sold to Doughty Hanson.
IVC is no longer part of the Group.
Shareholdings: 70% DH, 20% Filip Balcaen, 10% management.

2007

2007

Expansion of polypropylene extrusion capacity in Sint-Baafs-Vijve.

New manufacturing site: Balta Floorcovering in Uşak (Turkey).
Manufacture of acrylic rugs.

Ideco and Grantil sold to GIMV.

2009

2009

Largest solar panel installation on a single roof in the Benelux countries at Balta Sint-Baafs-Vijve: 115,000 m2.

13/08/2010

Balta Group buys the floor coverings business of the Domo Group.

Balta Group:

  • Turnover exceeds EUR 700 million;
  • more than 4,000 employees.
2010

2010

Second phase of solar panel project at ITC Tielt and Balta Waregem.
Balta now has a total of 250,000 m2 of roof surface covered by 50,000 solar panels.

2012

2012

Further expansion of Balta Floorcoverings in Uşak.

25/01/2013

25/01/2013

Balterio and Spanolux (100%) sold to IVC Group; Filip Balcaen.

05/09/2013

05/09/2013

Exelto sold to International Fibres Group.

29/04/2014 29/04/2014

29/04/2014

50 Years of Balta. Event on 21 June at the Hippodrome in Waregem.

15/06/2015

15/06/2015

Balta Group sold to Lone Star.

'50

'50

  • Decline of the flax industry in this region.
  • Previously 125 companies in Sint-Baafs-Vijve.
    Only 25 in 1960, including six rotary mills.
  • Diversification into the textile sector and the chipboard industry.
  • Gaston Balcaen, flax merchant.

1951

Gaston and his son Paul Balcaen establish Bavotex to manufacture fabrics for making
women's clothing.

1959

Paul Balcaen leaves Bavotex and starts his own business with the name "Etablissementen Paul Balcaen" for the production of woven rugs in the family warehouse at Wakkensteenweg 5 in Sint-Baafs-Vijve (now a wool warehouse).

29/04/1964

29/04/1964

Establishment of the public limited company Balta NV
(a contraction of Balcaen Tapijten) by Paul Balcaen,
manufacture of woven rugs in Sint-Baafs-Vijve.

1969

1969

Semi-worsted spinning mill start-up.

1970

1970

Start of hank dyeing production.

1974 ITC

1974 ITC

Start of tuft operations in Sint-Baafs-Vijve and establishment of I.T.C. (Imperial Tufting Company) in Tielt.

Start of piece dyeing.

1976

1976

Balta sponsors football team SV Waregem.

1977

1977

Establishment of Ideco NV (Imperial Decoration Company) in Tielt.

1978

1978

Start of latexing line.

1982

Start of polypropylene yarn extrusion.

1983

Start of Berber spinning mill.

1984

1984

New offices and showroom in Sint-Baafs-Vijve.

Start of open-end spinning mill.

Filip Balcaen joins Balta.

1986

Start of Balta Contract division.

1988

1988

New weaving mill in Waregem: Balta Weaving, for face-to-face and Axminster.

1990

  • Establishment of Balta Industries.
  • Balta NV becomes a holding company for Balta Industries, ITC and Ideco.
  • Filip Balcaen takes over from his father Paul Balcaen.

1991

Ideco relocates to Industriepark Zuid in Tielt.
Start of vinyl wall covering manufacture.

ITC expansion on former Ideco site.

1992

1992

New manufacturing site in Avelgem for polypropylene yarn production, face-to-face weaving and warehouse.

ITC launches dope-dyed polyamide.
Expansion of yarn processing.

1993

  • Establishment of CCB (Coordination Centre Balta).
  • Launch of second dye and print line at ITC.

1994

Ideco: expansion to 30,000 m2, second vinyl production line.

ITC: second warehouse for 25,000 rolls of wall-to-wall carpet.

Balta Far East: sales office in Hong Kong.


Balta Sint-Baafs-Vijve:
second latexing line for wall-to-wall carpet;
additional tufting, spinning and warehouse capacity.

Balta Weaving: expansion of weaving capacity.

Avelgem:
expansion of extrusion and rug finishing department;
more capacity for cabling and heatsetting.

1997

1997

Start of new company IVC (International Vinyl Company) in Avelgem.

Manufacture of vinyl flooring.

1999

1999

Acquisition of Grantil SA in Châlons-en-Champagne, France;
manufacture of wall coverings.

Establishment of Balta Orient in Uşak, Turkey. Semi-worsted wool spinning mill.

2001

Establishment of Trinterio, a holding company for Balterio and Spanolux, as a 50:50 joint venture with Triax; now Spanogroup.
Manufacture of laminate flooring and MDF/HDF.

2002

2002

Establishment of Balta US, a North American distribution centre in Dalton, USA.

  • Expansion of Balta Orient in Turkey.
  • Incorporation of ITC and Ideco into Balta Industries to form a single legal entity under the name Balta Industries NV.
2004

2004

Balta Group sold to Doughty Hanson.
IVC is no longer part of the Group.
Shareholdings: 70% DH, 20% Filip Balcaen, 10% management.

2007

2007

Expansion of polypropylene extrusion capacity in Sint-Baafs-Vijve.

New manufacturing site: Balta Floorcovering in Uşak (Turkey).
Manufacture of acrylic rugs.

Ideco and Grantil sold to GIMV.

2009

2009

Largest solar panel installation on a single roof in the Benelux countries at Balta Sint-Baafs-Vijve: 115,000 m2.

13/08/2010

Balta Group buys the floor coverings business of the Domo Group.

Balta Group:

  • Turnover exceeds EUR 700 million;
  • more than 4,000 employees.
2010

2010

Second phase of solar panel project at ITC Tielt and Balta Waregem.
Balta now has a total of 250,000 m2 of roof surface covered by 50,000 solar panels.

2012

2012

Further expansion of Balta Floorcoverings in Uşak.

25/01/2013

25/01/2013

Balterio and Spanolux (100%) sold to IVC Group; Filip Balcaen.

05/09/2013

05/09/2013

Exelto sold to International Fibres Group.

15/06/2015

15/06/2015

Balta Group sold to Lone Star.