FGI Industries Ltd. is a leading global supplier of kitchen and bath products focused on the following product
categories: sanitaryware, bath furniture, shower systems, custom kitchen cabinetry and other accessory items.
With an industry-wide reputation for product innovation, quality, and excellent customer service, FGI has become
a trusted partner for many of the world’s largest retailers and wholesalers.
Investment Highlights:
- Trusted industry leader for 30+ years. For over 30 years, FGI Industries Ltd. has been a leading global supplier of kitchen and bath products focused on the following product categories: sanitaryware, bath furniture, shower systems, custom kitchen cabinetry and other accessory items. With an industry-wide reputation for product innovation, quality, and excellent customer service, FGI has become a trusted partner for many of the world’s largest retailers and wholesalers.
- Driving growth through Brands, Products, and Sales Channels (“BPC”) strategy. FGI
expects to generate above average market growth through its “BPC” growth strategy which focuses on
Brands, Products, and sales Channels.
- Profit margin expansion. Increased mix of Branded sales, operational improvements,
and a focus on higher incremental margin sales opportunities will drive improved operating
performance.
- Capital efficient business model drives strong Free Cash Flow generation. FGI
benefits from a capital-lite business model, efficient working capital planning, and a return on
capital discipline, resulting in strong FCF generation
- Disciplined capital allocation strategy drives value through accretive M&A. FGI will
seek to consolidate its fragmented end markets with its Bolt-on strategy while adhering to
strict return on capital hurdles.
- Experienced Management, Aligned with Shareholders. Each member of senior management
has over 20 years of industry experience; High insider ownership ensures a strong alignment
of interests with our shareholders.