M&A August 2025

DELI HOME ACQUIRES KARL G. MILLER HOLDING GMBH & CO. KG (KGM)

Deli Home, a leading manufacturer and supplier of wood-based home improvement products, is strengthening its position in Europe by acquiring Karl G. Miller Holding GmbH & Co. KG (KGM) in Germany. Founded in 1973, KGM is an established provider of wooden skirting boards and profiles for decoration and renovation. Its customers include specialized wholesalers and retailers, manufacturers from the door and furniture industries, as well as leading construction and DIY markets in Germany. The company employs around 250 people and has production and storage facilities in Oettingen, Geratal, Gehren, and Flensburg.

With this acquisition, Deli Home accelerates its growth in the German market while expanding its product offerings for European customers. The transaction marks the sixth acquisition since Ardian became a shareholder in 2021 and underscores Deli Home's strategy to position itself as the “digital carpentry provider of Europe.”

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