AIF Capital is pleased to announce the investment of US$30.0 million by AIF Capital Fund IV in Brilliant Plumbing International Co., Ltd. (“HHSN”), a leading sanitary ware manufacturer and distributor in China.
Based in Nan’an in Fujian, HHSN is a leading sanitary ware manufacturer primarily engaged in design, development, manufacturing and distribution of a full range of mid to high-end products including faucet, sanitary ceramics, shower fittings, valves and bathroom accessories. The company has a portfolio of brands that include “HHSN” and “Chunzan” which have strong market positions as well as a nationwide sales network with around 100 distributors and over 2,100 distribution points.
AIF Capital’s investment will be used to fund the capacity expansion in sanitary ceramics and accessories products.
About AIF Capital
AIF Capital (www.aifcapital.com) 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 two decades 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 43 investments in ten 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 email@example.com