Bahrain-based Investcorp is set to buy Fritta, a specialist producer of intermediates for the ceramic industry, from financial investor Nazca Private Equity.
The acquisition is subject to Spanish competition authorities clearance,
RAK Ceramics, a leading manufacturer of ceramic products based in Ras Al Khaimah, has reported a sale of 20 million sq m of its Lounge Series, launched in 2005.
The Series has been sold in over 160 countries including some of the
Danube Building Materials, a leader in construction and shop fitting industries, recently opened its newest showroom in Sharjah, its 28th retail facility.
The Dh10 million ($2.72 million) showroom is the latest addition to the company’s gr
Kohler, a leading manufacturer of kitchen and bath products, has introduced a sculptural and environmentally sustainable ceramic faucet, which uses nearly half the water of traditional facets.
The Vas ceramic faucet offers return on invest
Egyptian ceramics company Lecico plans to double the production capacity of its sanitary ware division to 10 million pieces by 2015 and will launch an existing higher-end brand in Egypt in 2010, the group's chairman said.
'We are l
Two global ceramic majors have jointly set up a new $15-million manufacturing plant in Ras Al Khaimah.
Crown Prince and Ras Al Khaimah Deputy Ruler Sheikh Saud bin Saqr Al Qasimi inaugurated the Kludi RAK LLC, a joint venture between RAK C