Samena to buy 30% of Ras Al Khaimah Ceramics

June 16, 2014 11:12 am

Investment group Samena Capital announced it has completed a deal to acquire more than 30%of Ras Al Khaimah Ceramics from the firm’s founding shareholder, Arabian Business has reported. Under the terms of the transaction, Samena Capital will be represented on the board of RAK Ceramics, and the two companies will work together to use private equity strategies to unlock new growth opportunities, a statement said.