Meet the new Balta by Victoria

• Balta Group nv has recently sold its Rugs, Residential polypropylene and Non-Woven businesses, together with the Balta brand, to Victoria PLC. The Rugs, Residential polypropylene and Non-Woven businesses, will operate under the Balta brand, and will continue to deliver the same quality products and services, but within the structure of Victoria PLC.

• The remaining group, still called Balta Group nv, will continue to focus on its commercial businesses in Europe and the United States under the brands modulyss, arc edition and Bentley, and will further invest in growing its premium European Residential activities under the ITC brand. They continue to operate as a Euronext listed company as Balta and will be re-named in the course of 2022.