Announced
Synopsis
Ardian, an asset manager, agreed to acquire Deli Home, a manufacturer and distributor of timber, doors, floors and staircases, storage products, insect screens and sanitary products, from NPM Capital, an investor in medium-size companies. Financial terms were not disclosed. "Our goal is to accelerate our international growth strategy, both through organic growth and through acquisitions. With our new owner, we can achieve further growth as the digital carpenter of Europe, by expanding to Germany and France, delivering new made to measure concepts, and broadening the distribution of our full product range especially through the renovation market. Ardian is a strong European player and the ideal partner to fully exploit our potential," Victor Aquina, Deli Home CEO.
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