Tarkett, through its FieldTurf subsidiary, acquires the assets of Grassman, a leading Australian synthetic turf manufacturer
PARIS-LA DEFENSE (FRANCE), January 31st, 2018 - FieldTurf, a Tarkett Sports company and a global market leader in artificial turf, announces today the acquisition of the assets of Grass Manufacturers Pty Limited (Grassman), a leading Australian artificial turf manufacturer.
The acquisition of Grassman expands FieldTurf’s presence in the Australian market, in particular in the field of hockey, tennis, landscape, and utility segments, thus complementing applications for soccer and rugby. Additionally, the acquisition will provide a strong platform to serve field builders and contractors across Australia.
“We are excited to expand in the growing Australian market,” said Eric Daliere, President of Tarkett Sports. “Grassman, led by its founder Gary Waterford, has been a true pioneer and innovator in the synthetic turf industry. This acquisition will significantly strengthen our ability to provide high-quality, innovative products and to deliver an exceptional overall experience to our Australian customers.”
Grassman was founded in 1991 by Gary Waterford and is located in Botany, New South Wales, Australia. Grassman is accredited by the International Hockey Federation (FIH), and their products are certified by the International Tennis Federation (ITF). With over 30 employees, Grassman sales amount to 15 million Australian dollars (approx. €10m) of sales in 2017.