SANIPEX Group attracts Aliph Capital's investment: 25% stake acquired

Aliph Capital, an ADGM-based private equity manager, has acquired a 25% stake in SANIPEX Group, a leading lifestyle product supplier in Abu Dhabi. This strategic investment is part of Aliph's focus on high-quality, market-leading companies in the GCC. SANIPEX Group, established for its homegrown bathroom brand BAGNODESIGN and expanding into kitchen appliances and outdoor furniture, is poised for continued growth. This partnership will see Aliph Capital's founder, Huda Al-Lawati, and managing director, Gaurav Wadhwa, joining the SANIPEX board to guide its growth trajectory. Daryl Barker, SANIPEX's founder, welcomes this partnership to harness Aliph's expertise in supporting their strategic vision, particularly with plans for new showroom openings and a luxury flagship Design Centre in the UAE. The investment aligns with the UAE's flourishing real estate market, especially the luxury segment, supporting high-end product suppliers. PwC Middle East advised on the financial aspect, while Clyde & Co and Latham & Watkins provided legal counsel for SANIPEX and Aliph, respectively.