+32 5 662 22 11
Balta Industries NV is a European manufacturer of wall-to-wall carpets and a global leader in the manufacture of area rugs. The Belgium-based company is also engaged in manufacturing for the fast-growing laminate flooring sectors. The combination of laminates and rugs is complementary to carpet production and provides a stable portfolio effect. Balta is vertically integrated for the purposes of yarn production.
Balta Industries NV was acquired by Lone Star Funds on June 15, 2015.
Join Mergr to view all 73 acquisitions of apparel/textiles companies in 2015, including 23 acquisitions by private equity firms, and 50 by strategics.
Out of 60 sectors in the Mergr database, apparel/textiles ranked 32 in number of deals in 2015. The largest apparel/textiles acquisition in 2015 was Stuart Weitzman Holdings - which was acquired by Tapestry for $530M.
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