Lecico Egypt Approves Merger of Key Ceramic Firms
Egypt: The board of Lecico Egypt (LCSW) has sanctioned the merger of Lecico Ceramic Industries Company, International Ceramics, and European Ceramics into the main company, as stated in an official announcement. Following this merger, Lecico Egypt will hold full ownership of the three companies involved. Lecico Egypt is a publicly traded entity based in Egypt, specializing in the production of tiles and sanitary ware. Its product offerings are divided into three categories: sanitary ware, ceramic tiles, and brassware.
Source: Zawya