Aliph Capital acquires 25% stake in Sanipex Group

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NOHA.GAD
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Dec 5, 2024
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Abu Dhabi - Sharikat Mubasher: Aliph Capital, a pioneering private equity manager based in the Abu Dhabi Global Market (ADGM), acquired a 25% stake in Sanipex Group, the leading homegrown lifestyle product supplier.

This investment perfectly aligns with Aliph Capital’s strategy of deploying capital in high-quality, market-leading GCC companies, the company announced in a press release.

Aliph’s investment will see its Founder and CEO, Huda Al-Lawati, and Managing Director, Gaurav Wadhwa, join the Sanipex Group board, sharing their expertise to support the company’s market expansion and growth trajectory.

Commenting on this acquisition, Al-Lawati said: “We are delighted to announce Aliph Capital’s investment in Sanipex Group. The company’s market leadership, skilled management team, strong track record, and high growth potential make it a perfect fit for our investment strategy.”

On his part, Daryl Barker, Founder and Group Managing Director of Sanipex Group, stated: “Sanipex Group remains dedicated to maintaining its brand differentiation across categories and serving its customers with the highest commitment to quality. Looking ahead to 2025, we are excited about a number of key developments, including opening additional showrooms in the UAE and Qatar, as well as the launch of our new flagship Design Centre concept on Jumeirah Beach Road.”

Sanipex Group provides high-quality bathroom, kitchen, surface, lighting, and outdoor solutions to retail, corporate, and trade customers across the GCC and beyond. It has a robust presence in more than 30 countries and commands a leading market share with its homegrown bathroom brand, Bagnodesign.


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