Tarkett, Aconcagua, Restructure Joint Venture

Clarion, PA, April 9, 2009--Tarkett Inc. and Chilean wood panel company Aconcagua Timber (ATC) are restructuring the ownership of their wood panel and laminate joint venture.

ATC and its investors will acquire Tarkett's equity share in the joint venture for which Tarkett will make ATC its preferred and strategic partner for the supply of laminate flooring products in North America.

Tarkett will remain focused on developing flooring products, while ATC will have more autonomy to develop its wood panel and laminate business in North America, backed by a strategic supply partnership with Tarkett.

 


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