Frank­furt am Main/Gorinchem, The Nether­lands — Ardian, a leading global inde­pen­dent invest­ment firm, has ente­red into an agree­ment to acquire Deli Home with the aim of support­ing the company’s inter­na­tio­nal growth plans. Deli Home is a Dutch manu­fac­tu­rer and supplier of wood-based, custom and high quality home impro­ve­ment products such as doors, cabi­nets and floors. The products are sold through DIY stores, buil­ders’ merchants and online suppli­ers. The tran­sac­tion is the first invest­ment of the Ardian expan­sion team in the Nether­lands. Toge­ther with Ardian, Deli Home’s manage­ment plans to further imple­ment its growth stra­tegy and deve­lop Deli Home into a pan-Euro­pean player.

Deli Home, whose roots go back to 1869, is head­quar­te­red in Gorin­chem, the Nether­lands. With sales of more than 340 million euros and 1,250 employees, the company has estab­lished itself as the market leader in the Bene­lux region. In recent years, the manage­ment team, led by Victor Aquina (CEO) and Jan-Willem Smits (CFO), has deve­lo­ped the company from a pure distri­bu­tor into a manu­fac­tu­rer of custo­mi­zed, wood-based DIY products with an inte­gra­ted digi­tal confi­gu­ra­tion plat­form, a broad logi­stics network and merchan­dise group manage­ment solu­ti­ons. Through this approach, Deli Home crea­tes great value for its customers.

Victor Aquina, CEO of Deli Home, said: “We have a clearly defi­ned growth stra­tegy that has two pillars: Conti­nuing to convince custo­mers of our digi­tal solu­ti­ons for custo­mi­zed home impro­ve­ment products, as well as expan­ding our offe­ring across Europe. Two of our future core markets are France and Germany, so Ardian, with its strong Euro­pean presence and network, is the ideal part­ner for us. The Ardian team convin­ced us with its profound under­stan­ding of the market and will actively support us with its exper­tise. We look forward to unleas­hing the company’s full poten­tial through this partnership.”

Dirk Witt­ne­ben, Head of Ardian Expan­sion Germany, added: “Deli Home has a strong and expe­ri­en­ced manage­ment team that has crea­ted a growth plat­form with a convin­cing M&A stra­tegy, for exam­ple through the acqui­si­ti­ons of Numdata and Weekamp Deuren. We see great poten­tial for growth through further acqui­si­ti­ons and the expan­sion of our range outside the Bene­lux region. We look forward to working with the manage­ment team and support­ing the company on its growth path.”

The parties to the tran­sac­tion were:

Ardian: Dirk Witt­ne­ben, Florian Haas, Nico­las Münzer, Janine Paustian

Legal Corpo­rate / Finance: Fresh­fields (Harald Spruit, Mandeep Lotay)

Finan­cial: Deloitte (Egon Sach­sal­ber, Tanya Fehr)

Tax / Struc­tu­ring: EY (Anne Mieke Holland)

Commer­cial / Opera­tio­nal: Roland Berger (Sameer Mehta, Swit­bert Miczka)

Tech / Digi­tal: WDP (Chris­toph Nichau, Johan­nes Dier­kes, Simon Ludwigs)

ESG: PwC (Emilie Bobin)

Envi­ron­men­tal: ERM (Werner Schulte)

M&A: ABN AMRO (Eric Altmann, Tammo Gunst)

Debt Advi­sory: Deloitte (Thomas Schouten)

ABOUT ARDIAN

Ardian is one of the world’s leading inde­pen­dent invest­ment firms, mana­ging over US$110 billion in assets for its inves­tors from Europe, South and North America and Asia. The company is majo­rity-owned by its employees and gene­ra­tes sustainable, attrac­tive returns for its investors.

With the objec­tive of achie­ving posi­tive results for all stake­hol­ders, Ardian’s acti­vi­ties promote indi­vi­du­als, compa­nies and econo­mies world­wide. Ardian’s invest­ment philo­so­phy is aligned with the three guiding prin­ci­ples of excel­lence, loyalty and entrepreneurship.

The company has a global network of more than 700 employees and 15 offices in Europe (Frank­furt, Jersey, London, Luxem­bourg, Madrid, Milan, Paris and Zurich), South America (Sant­iago de Chile), North America (New York and San Fran­cisco) and Asia (Beijing, Seoul, Singa­pore and Tokyo). Ardian mana­ges the assets of its more than 1,000 inves­tors in five invest­ment areas: Direct Funds, Funds of Funds, Infra­struc­ture, Private Debt and Real Estate.