Balta Group NV

Detailed Description

Balta Group NV produces and sells textile floor coverings in Europe, North America, and internationally. It operates through four segments: Rugs, Residential, Commercial, and Non-Woven. The Rugs segment designs, manufactures, and distributes a range of machine-made rugs to retailers, such as home improvement, furniture, specialist, discount, and DIY stores, as well as e-commerce players and wholesalers under the Balta home brand. The Residential segment designs, manufactures, and distributes branded broadloom carpets under the Balta Broadloom and ITC brands; and tiles to retailers and wholesalers. The Commercial segment designs, manufactures, and distributes modular carpet tiles primarily for offices and public projects under the modulyss and Bentley brands; and broadloom carpets for the hospitality sector under the arc edition brand to architects, designers, contractors, and distributors. The Non-Woven segment designs, manufactures, and distributes soft flooring for events, such as fairs and expositions; specialized fabrics for insulation, lining, cars, carpet backings, and banners under the Captiqs brand; and needle felt products. The company was founded in 1964 and is headquartered in Sint-Baafs-Vijve, Belgium.