Ceyline Investments (Pvt) Ltd signed an agreement to acquire a 50.1% stake in Dankotuwa Porcelain PLC from Ambeon Holdings PLC for LKR 2.3 billion on June 15, 2023. The transaction is subjected to completion of conditions stipulated in the share sale and purchase agreement. CT Capital (Pvt) Limited acted as financial advisor to Ambeon Holdings PLC.

Ceyline Investments (Pvt) Ltd completed the acquisition of a 50.1% stake in Dankotuwa Porcelain PLC from Ambeon Holdings PLC on July 13, 2023.