TARKETT COMPLETES LEXMARK ACQUISITION

PARIS—Tarkett has completed the acquisition of Lexmark Carpet Mills. Paul Cleary, CEO of Lexmark, will join Tarkett as president of the hospitality business for North America. The addition of Lexmark to the North America division enables Tarkett to establish a robust hospitality business that leverages both companies’ broad product portfolios, strategically positioning the company to better serve the complete needs of its hospitality customers. Tarkett has also identified sales and supply chain synergies, which will enable optimized performance and contribute to a seamless integration.