Elvaston Capital completed the acquisition of Dietrich's Technology.

Elvaston Capital, an investment company, completed the acquisition of Dietrich's Technology, a CAD/CAM software provider for timber construction. Financial terms were not disclosed. "With the acquisition of Dietrich's Technology AG, we are opening up the timber construction market with the help of CAD/CAM technology. What is happening here fascinates us. Dietrich's decades of expertise, the huge customer base and, at the same time, the opportunities to make a contribution to climate change and sustainable construction with the digital tools for timber construction - this package convinced us!" Thomas Keul, Elvaston Partner and Managing Director.