Stelrad, a specialist manufacturer and distributor of radiators in the UK, Europe and Turkey, completed the acquisition of DL Radiators, an Italian heat emitter manufacturer, for €28m. "This is a compelling transaction for Stelrad and allows us to grow our business through the provision of additional products and through geographical expansion. DL Radiators has strong brands with a significant customer base and we look forward to working with the team to realise value opportunities and expand the market for their higher value product ranges," Trevor Harvey, Stelrad CEO.