AIF Capital Invests US$14 million in CMR

AIF Capital is pleased to announce the investment of approximately US$14 million by AIF Capital Fund IV in Century Metal Recycling Private Limited (“CMR”), India’s largest aluminum recycling company and producer of aluminum and zinc alloys used for the automotive industry.

CMR operates four manufacturing facilities in North India, and is in the process of establishing four new manufacturing facilities. Two of the new facilities are in individual joint ventures with Japanese global leaders in the automotive sector, Nikkei MC Aluminum and Toyota Tsusho.

AIF Capital’s investment will be used to fund the expansion of the four plants, with which CMR will double its production capacity and extend its leadership position in northern India to include the South and West automotive hubs.

 About AIF Capital

AIF Capital ( is one of Asia’s long-standing independent private equity firms and is focused on mid-market growth opportunities in emerging Asia. The Firm has an established track record of over 18 years in implementing a pan-regional strategy of identifying and growing companies as well as steering them through multiple major economic cycles.

Since its inception in 1994, AIF Capital has received investor commitments in excess of US$2.0 billion and provided capital for expansion and buy-outs through 38 investments in eight Asian countries. Its team of 22 investment professionals across its offices in Hong Kong, Beijing, New Delhi and Singapore oversees a diversified pan-Asian portfolio of investments across various sectors. These include healthcare & pharmaceuticals, supply chain management, equipment leasing & logistics, consumer, financial services and industrial manufacturing.

Limited partners in AIF Capital-managed funds include major corporate and government pension and investment funds, insurance companies, financial institutions, as well as multilateral agencies and family offices from North America, Australia, Asia, the Middle East and Europe.

For further questions, please contact Peter Amour or Doris Ng at +852-2912-7888 or email inquiries to

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