Goodrich Global has secured a SG$15 million investment from Dymon Asia Capital to enhance growth and strategic opportunities in the interior furnishings market.

Target Company Information

Goodrich Global, a notable player in the interior furnishings industry, celebrated a significant milestone in its corporate history in 2014. This year marks a pivotal moment as the company has successfully secured a SG$15 million investment from a private equity fund, which notably includes Temasek Holdings as one of its primary investors. This investment is facilitated by an arm of Dymon Asia Capital, a well-established investment management firm based in Singapore with approximately US $3.2 billion in assets under management. As part of this deal, Dymon Asia will also hold a position on Goodrich's Board of Directors.

Mr. Chan Chong Beng, Chairman of Goodrich Global, noted the potential within Singapore’s small to medium-sized enterprises (SMEs) and emphasized Goodrich’s ambition to emerge as a regional and international leader in its field. With over 30 years in operation, Goodrich seeks to innovate and revitalize its business strategy through this strategic partnership.

Industry Overview in Singapore

The interior furnishings industry in Singapore has experienced significant transformation, driven by changing consumer preferences and an increasing focus on sustaina