Swicorp Intaj Capital to invest nearly USD 100 million in the ceramic tiles industry

Notes and media contacts

About Swicorp
Swicorp is an independent corporate advisory and private equity firm which provides a comprehensive range of financial advisory and private equity services to domestic and international businesses active in the Middle East and North Africa (MENA region).

Founded in 1987, Swicorp currently has offices in Riyadh, Jeddah, Tunis, Tehran and Geneva and will be opening additional offices in Dubai and Algiers by the end of the year. With twenty years of experience in Mergers & Acquisitions and private equity across the MENA region, Swicorp has established itself as one of the leading players in the MENA region's growing corporate advisory and private equity sectors.

Swicorp's private equity activity comprises three private equity funds, with investor commitments totaling US$ 1.3 billion. Intaj is a $200 million diversified private equity fund launched in April 2005 which targets the MENA region's sectors driven by growth in consumer demand.

About Uniceramic SAL
Uniceramic SAL is a public shareholding company with a paid-up capital of 25.74 billion LBP divided into 12,870,000 shares which are traded on the Beirut Stock Exchange since May 1996. Established in 1975, Uniceramic SAL was the first company to produce ceramic floor tiles in the Middle East. Today, Uniceramic SAL remains an important player, one of the most advanced ceramic tiles producers in the Middle East.

With a current ceramic tiles production capacity standing at 6,500,000 m² per year, the Uniceramic plant has a 42,000m² area built on a 100,000 m² parcel of land located in the Bekaa Valley, Lebanon. The Company has a regional and global development vision and is dedicated to providing its customers with the highest quality product.

Uniceramic has become the leading brand in Lebanon and aims at continuously diversifying its product lines and satisfy market demands. Across Lebanon, through its own network of showrooms including 4 in Lebanon and through a broad network of
appointed wholesalers and retailers, Uniceramic SAL has developed seductive and complete bathroom and kitchen packages to promote its tile collections. Present internationally, Uniceramic products are distributed in more than 20 countries.
For further information, please contact:
Hassen Marzouk
Associate Director
Swicorp, Private Equity
Tel: (+966) 561 112 517

Haifa Mahsni
Communications Coordinator
Swicorp