R.A.K. Ceramics P.J.S.C. (ADX:RAKCEC) acquired remaining 8% stake in RAK Porcelain L.L.C on June 3, 2024. On completion, RAK Porcelain became a 100% wholly owned subsidiary of R.A.K. Ceramics. The purpose of the acquisition was to focus, invest and grow core business segments.

R.A.K. Ceramics P.J.S.C. (ADX:RAKCEC) completed the acquisition of remaining 8% stake in RAK Porcelain L.L.C on June 3, 2024.