Deli Home is set to strengthen its presence in Spain after announcing plans to acquire Amargós S.L.U., a leading Spanish manufacturer of modular wooden door frames. The proposed deal marks Deli Home's seventh acquisition since Ardian became its shareholder in 2021, further accelerating the group's expansion across Europe.

Founded in 1972, Amargós has built a strong reputation in Spain's renovation market and currently supplies more than 400 professional building material wholesalers, DIY stores and specialist woodworking businesses across the country.

30,000m² Spanish production base
Amargós operates from a 30,000m² production facility near Valencia, where it manufactures wooden door frames alongside mouldings, sliding-door systems and decorative wood products.

The company's products reportedly find their way into around 100,000 homes every year, giving Deli Home an established platform from which to expand its presence in the Spanish home improvement market.

Following the proposed acquisition, Amargós is expected to continue operating under its own brand and with its existing management team.

A strategic fit for Deli Home
For Deli Home, the deal provides an opportunity to combine Amargós' established Spanish customer network with its own broader portfolio of doors, timber products, storage solutions and interior applications. Deli Home CEO Eugène Sterken said the two companies' product portfolios are highly complementary and could create opportunities to strengthen the group's offering across the Iberian market. For Amargós, joining the larger European group is expected to provide access to Deli Home's international scale, digital capabilities and complementary product portfolio.

Seventh acquisition since 2021
The proposed Amargós acquisition continues an aggressive expansion strategy that has seen Deli Home add several businesses to its European platform. Since Ardian became a shareholder in 2021, Deli Home has acquired or taken strategic stakes in Euromolding, Bash-tec, Allure, Houtwerf, Distri-Hout and Karl G. Miller Holding (KGM).

The group says these acquisitions are helping move it closer to its ambition of becoming "Europe's digital carpenter", combining traditional craftsmanship with customised solutions and digital innovation.

€550m turnover and 1,700 employees
Deli Home currently generates approximately €550 million in group revenue and employs around 1,700 people. Its products are sold through DIY chains, building material wholesalers, the door industry and interior specialists across 10 European countries. The group also places sustainability at the centre of its proposition, stating that it uses exclusively FSC- or PEFC-certified wood across its products.

Deal still awaits regulatory approval
While the proposed acquisition represents another significant step in Deli Home's European growth strategy, the transaction is still subject to approval by the relevant competition authorities.

If completed, the deal would give Deli Home a considerably stronger foothold in Spain while providing Amargós with the scale and resources of a larger European platform. For a company already pursuing a €550 million-plus growth strategy, Spain could prove to be the next major piece of Deli Home's European expansion puzzle.
  
Source: deli-home.com