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Stage:
LBOs and Special Situations
Date of Investment:
1999
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Eagle Brand Holdings Limited is a leading manufacturer and distributor of ceramic tiles and sanitary wares in China. Established in 1974 as a township enterprise to produce ceramic art pieces, the company has transformed itself into one of the largest and most profitable ceramic tile and sanitary-ware manufacturers in China under the leadership of current management. Eagle is well positioned to capitalize on the rapidly growing demand of interior decoration and building material as China continues to privatize the private housing sector. Warburg Pincus invested in the company in 1999 in conjunction with the company's listing on the Singapore Stock Exchange.
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