Samena Limestone Holdings
What we do
Contact14th Floor, South Tower,
Emirates Financial Towers,
Dubai International Financial Centre,
United Arab Emirates
+971 (4) 436 4900
+971 (4) 436 4901
Samena Limestone Holdings (Samena) is a special-purpose finance vehicle managed by Samena Capital, a principal investment group with investments in multiple asset classes in the Indian subcontinent and in Asia, the Middle East, and North Africa. The group’s total assets under management are in excess of US$950 million and span three primary investment strategies: private equity, direct investments, and credit.
Samena is amongst a consortium of investors that owns a 30.6 per cent stake in RAK Ceramics, one of the world’s largest ceramic tile manufacturers. RAK Ceramics is listed on the Abu Dhabi Stock Exchange (ADX). It produces 110 million square metres of tiles and 5 million pieces of sanitaryware per year at 16 state-of-the-art plants across the United Arab Emirates, India, Bangladesh and Iran and serves clients in more than 150 countries.
RAK Ceramics was established in 1991 by His Highness Sheikh Saud bin Saqr Al Qasimi, the Ruler of the Emirate of Ras Al Khaimah and a UAE Supreme Council Member, and by His Highness Sheikh Mohammed bin Saud Al Qasimi, the Crown Prince of Ras Al Khaimah.
As a limited partner, Crescent Enterprises provides strategic guidance to Samena through representation on its Advisory Board.