Delta Dore completed the acquisition of Rademacher from Cross and PINOVA.

Delta Dore, a smart home services provider, completed the acquisition of Rademacher, a manufacturer of smart home solutions, from private equity firms Cross and PINOVA. Financial terms were not disclosed. "We are pleased to have found a renowned, strategic partner in Delta Dore. The combination will create a European champion in the smart home segment. By combining our special strengths in sun and sight protection as well as in the control of heating and entrance systems, the two companies complement each other ideally. In addition, the already existing geographic presences enable the respective other to accelerate market access. We are thus in a position to serve customers' needs even better," Ralf Kern, Rademacher CEO.