Tarkett has acquired the Centiva business from International
Floors of America, Inc. The financial terms of the acquisition were not disclosed.
Centiva will continue to operate as a separate brand within Tarkett’s
North American portfolio, maintaining distinct manufacturing and business
operations in Florence, Alabama where Centiva employs over 100 people. There is no intention to change the focus of
the brand, nor its routes to market, the company said. Trissl will continue as
president of the Centiva business unit, and additionally will be part of the
management team offering insight to the other Tarkett businesses within North America.
“As we continue to
work in strengthening the experience our customers enjoy with our brands, we
will make strategic choices that complement our existing efforts and strengthen
our positions in key categories,” stated Jeff Buttitta, president of Tarkett
North America. “The Centiva acquisition
is a significant example of our commitment due to the growing demand for high
design resilient flooring in North America and
Centiva’s focus on developing customers for life through a satisfying service
experience.”
Founded in
1996 by Thomas Trissl, currently CEO, Centiva specializes in luxury resilient
tile. When sustainable solutions and practices became a critical component in
flooring specification, Trissl and Centiva developed the Green Way, a holistic approach to green
stewardship, an approach similar to Tarkett’s Balanced Choice practice.
“As we
learned about the similarities in business models, we were excited to become
part of Tarkett,” stated Trissl. “We
share a fanatical commitment to the brand experience through customer-based
manufacturing principles of flexibility, quality, speed, and
customization.”
“Centiva
fits so well within our business beliefs and philosophies,” emphasized
Buttitta. “We look forward to supporting the continued evolution of the brand
and its strategies.”
Tarkett acquires Centiva Flooring
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