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Deli Home Holding BV strengthens position with the proposed acquisition of Weekamp Deuren

Gorinchem, September 24, 2019 – Deli Home (a participation of NPM Capital), manufacturer and distributor of constructive & decorative home products, announces agreement on the acquisition of Weekamp Deuren (‘Weekamp’).

The Deli Home and Weekamp product ranges fit together seamlessly. Whereas Deli Home subsidiary Skantrae has a strong position in interior doors, Weekamp occupies a strong foothold in exterior doors. Skantrae operates primarily as a trading company, while Weekamp excels in custom manufacturing. The acquisition of Weekamp is therefore a logical step that fits within the strategy of internationalisation, upscaling, customised solutions and own production.

Joining forces offers Deli Home the opportunity to serve customers even better. Moreover, the acquisition provides growth opportunities for both companies, within all sectors where they are currently active. Additional benefits are also achievable in areas such as purchasing, production, stocks and logistics. The expertise of both companies can thus be utilised and expanded even further. With over € 100 million in turnover and nearly 1000 employees, their combined activities make them a strong contender within the door sector.

The acquisition is due for submission to the Consumer & Market Authority (ACM) for review. The proposed acquisition is expected to be completed by mid-November 2019. After the take-over, both companies will continue to operate as usual from their current locations.

Johan Weekamp (CEO Weekamp Doors): “We consider Deli Home the best partner for taking our business to the next level. My brother and I have built an amazing playbook over the past 40 years. By taking this step, we are giving our employees, customers and suppliers the continuity that they deserve in the future and the guarantee that our quality products will remain widely available for many years to come.”

Victor Aquina (CEO Deli Home): “Weekamp offers us a unique opportunity to accelerate investment in customised products in the door ranges that are important to us. It perfectly matches our strategy. Weekamp is also a family business, just like the other subsidiaries that Deli Home previously acquired. We can thus ensure that entrepreneurship, passion and technical knowledge remain paramount.”

About Deli Home
Deli Home is known for the CanDo, Bruynzeel, Lundia and Skantrae brands. The company is a manufacturer and distributor of the product groups wood, doors, floor & stairs, storage, screens and plumbing. Deli Home has 800 employees, is active in 10 countries and has a turnover of € 260 million.

Deli Home has set itself the goal of making complex custom solutions simple for DIYers and professionals. The company makes craftsmanship accessible to everyone. Deli Home invests in corporate social responsibility through sustainable production, sustainable employability of employees and responsible forest management. Wood is the connecting factor between all product groups; wood is in our DNA.

About Skantrae
Skantrae BV is part of Deli Home Holding BV and is based in Zevenaar. The company has been active on the door market for over 40 years. Skantrae specialises in doors, accessories and services aimed at wholesalers (building materials and retail).

With a stock of 120,000 doors, 35,000 glass packages and 35,000 door handles Skantrae has short delivery times. The company sets trends and develops new door ranges and concepts in-house, so Skantrae always has a distinctive and up-to-date range. With 130 employees, Skantrae generates a turnover of more than € 50 million.

About Weekamp
Weekamp is an independent family business, founded in 1978 and located in Dedemsvaart. Weekamp doors find their way to both serial and individual new-build housing construction projects, as well as large-scale home renovations. Weekamp supplies to wholesalers (building materials and retail), the carpentry industry and contractors.

The own custom manufacturing in the factories in the Czech Republic and Indonesia makes it possible to offer a suitable solution for every situation. Weekamp also has branches in Dedemsvaart (head office) and the United Kingdom (sales office). Weekamp has 850 employees and generates over € 50 million in turnover.

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