French floor manufacturer Gerflor Group announced that it has acquired the Turkish Yaktaş Construction. With the agreement now in place, Yaktaş Construction, the sole authorized distributor of the French brand for 20 years and a partner for 26 years, has now joined the French Group.
“With this agreement, we took our overseas activities one step further and we had a new opportunity for Gerflor to evolve for the better," said Bertrand Chammas, CEO of Gerflor Group. “We are confident that we will deliver more compelling products and services to the Turkish market with our investment," he added.
With 4,200 employees, 12 manufacturing plants, 5 R&D centers and 25 subsidiaries, Gerflor provides its customers with design-driven and innovative solutions in more than 100 countries.