NEWSROOM

French Gerflor, one of the world's most important floor manufacturers, became the dominant shareholder of the Turkish company Yaktaş İnşaat.

*** This release is originally published in Turkish.
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ISTANBUL (TR) - Gerflor, a world leader in the design and production of flexible flooring, today announced the acquisition of the Turkish company Yaktaş, taking an important step towards expanding its presence in Turkey. 
 
This agreement allows Yaktaş İnşaat, the only authorized distributor of the famous French brand for 20 years and partner for 26 years, to join the Gerflor Group, a global leader in the flooring industry. Among the famous brands included in the group and developed within the group are Taralay, Taraflex, Mipolam, DLW, Connor Sport, Sport Court, SPM, Romus, Gradus. 
 
After that, Gerflor Turkey will benefit from Gerflor's successful presence around the world, innovative capabilities and customer support services. Gerflor Turkey will further develop its activities and brand awareness in Turkey with the advantages provided by this expertise. 
 
This agreement will allow Geflor to continue to expand its geographic presence in the flexible flooring industry. These activities will allow Gerflor to provide Turkish customers with wider solutions in many areas such as health, education, office, Sports, store, industry. 
                                                                                                                
Bertrand Chammas, CEO of Gerflor SAS, said: “With this agreement, we took our overseas operations one step further and we had a new opportunity for Gerflor to evolve for the better. We are very pleased that our distributor and experienced team, who have a long history and have proven their loyalty to our company, have joined our group. Our priority will be to enable the Turkish company to continue its development in Gerflor's portfolio as a whole in the coming months and to seize more local investment opportunities. Our investments as Gerflor and are confident we will deliver more compelling product and service options to our attempts to transform Turkey market.”
 
Artuk Yakut, who founded Yaktaş in 1995 and is now the president and shareholder of Gerflor Turkey, made the following statements about the agreement: “In 2000, we became the only authorized distributor of Gerflor in Turkey. Even on that day, I had no doubt that we would come to this day, and this agreement is proof of that. Nice for Gerflor, a big step for the Turkish market.”