Sunday 31 August 2014
 
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Sphinx Glass

CPC, Qalaa complete Sphinx Glass transaction

Saudi Arabia’s Construction Products Holding Company (CPC) and Qalaa Holdings marked today the completion of their EGP1.3billion ($180 million) transaction on leading Egyptian float glass manufacturer Sphinx Glass. The celeb

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CPC, Qalaa complete Sphinx Glass transaction

Saudi Arabia’s Construction Products Holding Company (CPC) and Qalaa Holdings marked today the completion of their EGP1.3billion ($180 million) transaction on leading Egyptian float glass manufacturer Sphinx Glass. The celeb

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Saudi CPC acquires top Egypt glass company

Saudi Arabia’s Construction Products Holding Company (CPC) said it has completed the acquisition of Sphinx Glass, a 200,000-ton-per-annum, float glass production facility in Egypt. The Saudi firm signed a sale and purchase a

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Saudi CPC takes over Egyptian glass company

Saudi-based Construction Products Holding Company (CPC) has acquired 100 per cent shares of Egypt’s “Sphinx Glass'” company for $190 million, said a top official. With this move, CPC aims to increase its reve

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Citadel to acquire 49pc stake in Sphinx Glass

Citadel Capital, a leading investment company in the region, has signed a sale and purchase agreement to acquire a 49 per cent stake in float glass manufacturer Sphinx Glass from DH Investors Limited. Meanwhile, DH Investors Limit

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Sphinx starts commissioning at $200m glass plant

Cairo-based Sphinx Glass, a leading float glass manufacturer in the region, said it has started commissioning at its EGP1.1 billion ($200.5 million) greenfield float glass factory. Sphinx Glass is 51 per cent owned by GlassWorks, a platfo

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Egypt to become key player in glass making sector

Egypt will be a major player in industrial glass manufacturing sector in the next 10 years, thanks to its abundant natural resources and continued investments in manufacturing technologies, said an industry expert. “Looking at the current

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