"Tarkett" takes over Bačka Palanka-based "Sintelon"

Source: Glas javnosti Thursday, 01.01.1970. 12:22
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International company "Tarkett" announced its attention to take over majority share of 56.33% of assets of company for production of floor covers and carpets "Sintelon" from Bačka Palanka.

"Tarkett" already owns 630,549 stocks of "Sintelon", that is, 43.2% of assets and it intends to become the only owner of the factory from Bačka Palanka.

The offer for takeover and the price at which "Tarkett" will be buying the stocks will be announced as soon as the Securities Commission has approved the takeover.

International "Tarkett" group operates in 50 countries and has 26 production centers in 10 states and it deals with the production of solid floor covers, parquet floors, linoleum and carpets.

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