Private equity firm Partners Group Holding AG bought a majority stake in Chinese retail display provider BCR (Shanghai) Display & Fixture Co. Ltd.
The stake was acquired from the company's founder and CEO, Hong Li, who retains a sizable minority stake.
Shanghai-headquartered BCR manages the design, manufacture and installation of clients' display fixtures, primarily in the sportswear industry. It serves over 3,000 retail stores worldwide annually. The company has about 600 employees and a 50,000-square-meter manufacturing plant in China's Jiangsu province.
Partners Group will support the company's market and customer base expansion, capacity expansion, and the enhancement and institutionalization of its management team.
