Bin Ladens buy 50% stake in Carrara marble Co.

FLORENCE, ITALY – Bin Laden family decide to buy 50% stake in Carrara marble company.  Marmi Carrara works one third of Tuscan white marble quarries.

The Bin Laden family has invested 45 million euros to buy 50% of the company that controls Marmi Carrara, which has permits to one third of the white marble quarries in northern Tuscany, ANSA reported this week.

The acquisition was made by Saudi Arabia’s Construction Products Holding Company (CPC) through its subsidiary Marble and Granite International (MGI). They are part of the Bin Laden family’s construction industry conglomerate, which has long held ties with marble producers in Carrara.