Deli Home has acquired Karl G. Miller Holding GmbH & Co. KG to enhance its presence and product offerings in the German home improvement market.

Target Information

Deli Home, a leading manufacturer and supplier of wood-based home improvement products, has significantly enhanced its presence in Europe through the acquisition of Karl G. Miller Holding GmbH & Co. KG (KGM) in Germany. Founded in 1973, KGM is a well-established provider of wooden skirting boards and profiles designed for decoration and renovation. The company serves a diverse clientele, including specialized wholesalers, manufacturers in the door and furniture sectors, as well as major construction and DIY retailers across Germany. KGM employs approximately 250 people and operates production and warehouse facilities in Oettingen, Geratal, Gehren, and Flensburg.

Industry Overview in Germany

The home improvement market in Germany is one of the largest in Europe, driven by a strong DIY culture and increasing consumer spending on home renovation projects. The sector has experienced steady growth, supported by rising disposable incomes and a growing trend toward home personalization. Additionally, Germany's commitment to sustainable building practices has led to increased demand for environmentally friendly and sustainably sourced materials, particularly in the woodworking and construction industries.

In recent years, economic factors such as low unemployment rates and favorable financing options have further stimulated demand for home improvement products. The rise of e-commerce has also transformed how consumers purch