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Balta is the largest producer of textile floor coverings in Europe. With a consolidated revenue of €689 million in 2017 (on a pro forma basis to reflect the acquisition of Bentley Mills), its products are exported to more than 130 countries worldwide.
Balta comprises: woven area rugs (balta home), wall-to-wall carpets and residential carpet tiles (balta carpets and ITC), wall-to-wall contract carpet and commercial carpet tiles (arc edition, modulyss and Bentley), and needle felt and technical non-wovens (Captiqs).
Balta has 9 production sites worldwide, 6 of which are located in Belgium, 1 in Los Angeles, USA, 2 in Uşak, Turkey, and distribution centers in Sint-Niklaas, Belgium and Dalton, USA, that serves the North American market.
Thanks to the efforts and energy of more than 4,000 employees, the Balta Group delivers a professional, customer-focused approach to its business, and as a result enjoys a reputation as a quality partner for companies in many markets.
Market leading creativity, strongly enforced vertical integration and operational excellence at every level are the key driving forces for the Balta Group’s strategy. Sustainable development across all of its activities is also an important consideration for Balta. As part of this sustainable energy initiative, the company has invested in one of the largest solar panel projects in the Benelux region in order to supply renewable energy to fuel its production facilities.
Balta aims at satisfying all customers with superior quality and service in all aspects. Balta stands for the most reliable company in the sector for all stakeholders.
Initial Public Offering
On June 14, 2017, Balta Group NV celebrated its listing on Euronext.
Acquisition of Bentley Mills
In March 2017, Balta acquired Bentley Mills, a leading provider of premium specified carpet tile and broadloom carpets for commercial interiors, subject to financing. Bentley is a leading player in the US premium commercial tiles and broadloom market serving diverse end markets with a balanced geographic mix across the US. Bentley has witnessed strong revenue growth over the last three years, complemented by EBITDA margin improvements driven by cost improvements and efficiencies, operational leverage and strategic repositioning.