Arab Finance: Lecico Egypt’s (LCSW) board has approved the merger of Lecico Ceramic Industries Company, International Ceramics, and European Ceramics into the company, according to a statement.
Accordingly, the merging company, Lecico Egypt, owns 100% of the three merged firms.
Lecico is an Egypt-based public shareholding company engaged in the manufacture of tiles and sanitary ware products. The company offers its products through three segments: sanitary ware products, ceramic tiles, and brassware.