Aliph Capital Acquires 25% Stake in Sanipex Group
UAE: Aliph Capital has acquired a 25% stake in Sanipex Group, a UAE-based supplier of lifestyle products, including bathroom, kitchen, surface, lighting, and outdoor solutions. Sanipex Group, founded in 1995, serves retail, corporate, and trade customers across the GCC and internationally. The company has a significant market share with its BAGNODESIGN brand and is expanding into new product categories, such as kitchen appliances and outdoor furniture. Aliph’s investment aligns with its strategy to back market-leading businesses in the GCC, following a previous commitment to the UAE's pet retail sector.
This partnership comes at a time of sustained growth in the UAE’s real estate sector, especially in the luxury market, which is expected to drive demand for high-end lifestyle products. The investment will support Sanipex Group’s ongoing expansion plans, including opening new showrooms and launching a flagship Design Centre in Dubai. Aliph Capital’s Founder and CEO, along with the Managing Director, will join the Sanipex Group board to contribute to its growth and market expansion.
Source: Wamda