Savills Singapore Acquires Furniture Manufacturer Alpina Holdings

Savills Singapore has acquired Alpina Holdings for an undisclosed amount, marking a strategic move into the furniture manufacturing and supply sector.

Alpina Holdings, founded in 2002, is a prominent furniture manufacturer based in the Siberian region of Russia.

The company is known for producing and exporting high-end quality furniture, kitchen sets, furniture parts, and interiors to various international markets.

Alpina operates a substantial 35,000 square meter production facility equipped with high-capacity machinery, allowing for a high-pace production cycle for bulk orders typically completed within three to five weeks.

The company emphasizes eco-friendly premium materials and offers extensive customized production capabilities, from stools to large cabinet furniture, alongside regular seasonal updates to its product lines.

Alpina's client base includes retailers, HoReCa representatives requiring large volumes of custom furniture, and small furniture manufacturers sourcing components.

This acquisition is strategically aligned to enhance Savills Singapore's existing service portfolio.

Alpina's robust manufacturing capabilities, efficiency in bulk orders, and focus on customized solutions are expected to integrate with Savills' offerings, particularly in supporting property development, interior fit-outs, and hospitality projects.

The ability to provide integrated furniture solutions can add significant value for Savills' clients seeking comprehensive project execution.

The combined entity anticipates leveraging Alpina's production strength and Savills Singapore's market reach to create new synergies.

This will enable the delivery of more holistic property and furnishing solutions, potentially streamlining supply chains and offering bespoke furniture services directly to clients.

The acquisition positions Savills Singapore to expand its ecosystem of client services, offering a more complete solution for real estate and development needs.