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Deli Home Holding B.V. aims to strengthen position through acquisition of Weekamp Deuren

Category:
News

Date:
24 September 2019

Gorinchem, the Netherlands, 24 September 2019

NPM Capital portfolio company Deli Home, a manufacturer and distributor of constructive and decorative homewares, is announcing that it has reached agreement on the acquisition of Weekamp Deuren (‘Weekamp’). The proposed takeover will be submitted for approval to the Netherlands Authority for Consumers & Markets (ACM) and is expected to be completed in mid-November 2019.

The Deli Home and Weekamp project ranges are perfectly complementary. Whereas Deli Home and its subsidiary Skantrae enjoy a particularly strong position in interior doors, Weekamp has been dominant in exterior doors. Skantrae is primarily a trading company, while Weekamp excels in customised products. This makes the proposed takeover a natural next step, one which is in line with the company’s strategy of international expansion, economies of scale, customised solutions and in-house production.

The new alliance will enable Deli Home to provide even better services to its customers, as well as providing opportunities for growth for both companies within all the industries in which they currently operate. In addition, there are synergy benefits to be gained for both companies in areas such as purchasing, manufacturing, stocks and logistics, while the two companies will also be able to use and increase their expertise more effectively. Together, they will represent a major force in the door market, with more than €100 million in revenue and nearly 1,000 employees. Both companies will continue to operate from their current sites following the acquisition, with no fundamental changes.

Johan Weekamp (CEO Weekamp Deuren): “In Deli Home, we have found the best possible partner to take our company to the next level. My brother and I have spent the past 40 years writing an exciting boys’ adventure novel of sorts, and in taking this next step we will be able to offer our employees, customers and suppliers the continuity they deserve in the future, plus the guarantee that our high-quality products will remain widely available for many years to come.”

Victor Aquina (CEO Deli Home): “Weekamp offers us a unique opportunity to invest, earlier than we would have been able to otherwise, in customised products for our range of doors, which is very important for our company. It is completely in line with our strategy. Furthermore, Weekamp is a family business, just like the other subsidiaries previously acquired by Deli Home. This underscores our commitment to enterprise, passion and technical expertise.”

About Deli Home
Deli Home is the producer of high-end brands such as CanDo, Bruynzeel, Lundia and Skantrae. The company also manufactures and distributes timber, doors, floors and staircases, storage products, insect screens and sanitary products. Deli Home employs a staff of 800 people, operates in a total of 10 countries, and generates revenue of €260 million.

Deli Home’s mission is to streamline complex tailor-made solutions for the DIY and professional markets in order to make outstanding workmanship available to anyone. Deli Home invests in corporate social responsibility (CSR) through sustainable production, long-term employability and responsible forest management. Timber is what connects all these various product groups: woodwork is very much in our DNA.

About Skantrae
Skantrae B.V., a subsidiary of Deli Home Holding B.V., is based in Zevenaar, the Netherlands. The company has been operating in the door market for more than 40 years, specialising in the manufacture of doors, accessories and services for the wholesale market (building materials and retail).

With a stock of 120,000 doors, 35,000 fibre-optic packages and 35,000 door handles, Skantrae can deliver at short notice. The trendsetting company develops new lines of doors and concepts in-house, ensuring that it can offer a competitive and up-to-date product range at all times. Skantrae employs 130 people and generates revenue in excess of €50 million.

About Weekamp
As an independent family business established in 1978 and based in Dedemsvaart, the Netherlands, Weekamp manufactures doors for both serial and standalone new construction projects, as well as for large-scale home renovation. The company supplies to wholesalers (building materials and retail) as well as to the woodwork industry and contractors.

Weekamp’s in-house production at its manufacturing facilities in the Czech Republic and Indonesia enables the company to provide an appropriate solution for any situation. Weekamp also operates from sites in Dedemsvaart, the Netherlands (head office) and has a sales office in the United Kingdom. The company’s annual revenue is more than €50 million and it employs 850 people.

Read the profile of Deli Home