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Navis Capital, Symphony Invests In Liaigre

KUALA LUMPUR, MALAYSIA: Navis Capital Partners, a private equity firm with headquarters in Kuala Lumpur, invested in French ultra-luxury furniture brand Christian Liaigre Group.

Symphony International Holdings Limited, Singapore-based lifestyle and healthcare investment holding company and Chanintr Living, Thai based furniture retailer, which operates Liaigre showrooms, also invested in the brand. This investment will be on a wholly-owned and joint venture basis, according to a report by Deal Street Asia. Liaigre showrooms in Asia will be rebranded under the Liaigre holding company and Chanintr Living will be a shareholder in the enlarged group after the completion of the investment.

Navis said that this transaction will reorganize the Asian and Rest-of-World Liaigre activities under one single company and provide new capitol for the upcoming growth stage. The company plans to expand in Europe and North America but they are focusing more on further developing showrooms, and designing activities in Asian cities like Hong Kong, Taipei, Tokyo, Shanghai and Seoul.

Liaigre has a strong portfolio of its famed minimalistic and subtly luxurious designs with a large archive of proprietary furniture and lighting designs. Liaigre’s range of bespoke furniture, lighting, fabric, leather and accessories are available in 26 showrooms in 11 countries across Europe, US and Asia. Liaigre also takes on exclusive interior architecture projects for select hotels, restaurants, yachts and private residences.

“Liaigre is an exclusive and well-established company with strong brand equity, great locations and superior store economics compared to peers,” says Nicholas Bloy, managing partner of Navis.

“We are delighted to have concluded a transaction with Navis, Symphony and Chanintr Living and look forward to great success with their backing. Their presence and relationships in Asia are highly complementary to our growth plans.” said Christophe Caillaud, president of Liaigre.