CDH Invests in Equipment Leasing Company Aver Asia (Asia)

Source: Asian Venture Capital Journal | Author(s): Tim Burroughs

China-focused private equity and venture capital firm CDH Investments has invested in Aver Asia, a Singapore-based equipment leasing company. The company, which has branch offices in Malaysia, Indonesia and Myanmar, provides equipment such as aerial lifts, compressors, generators, winches and forklifts to customers across Southeast Asia. Aver Asia plans to use the fresh investment to expand within the Southeast Asia region. Financial details of the transaction were not disclosed.