Modern Tiles Ltd.

Overview

Modern Tiles Ltd. is a prominent member of the Modern Group, a diversified conglomerate based in Uganda. Inaugurated in 2022 by President Yoweri Museveni, Modern Tiles has quickly established itself as a leading player in the East African tile industry. Since its inception, Modern Tiles has been at the forefront of modern design, offering a wide range of high-quality wall and floor tiles. With a daily production capacity of approximately 15,000 square meters, the company is committed to providing innovative and stylish solutions for both residential and commercial projects. The tagline, 'Tiles with Timeless Elegance', reflects the company's dedication to crafting products that are not only aesthetically pleasing but also durable and long-lasting. Modern Tiles sources 90% of its raw materials locally, contributing to the Ugandan economy and promoting the Buy Uganda Build Uganda (BUBU) policy. The company has invested approximately $30 million in its factory, directly and indirectly employing about 3,000 Ugandans in the production process. In 2024, Modern Tiles opened a state-of-the-art showroom in Kampala, further solidifying its presence in the market. The showroom was commissioned by the State Minister of Investment, Evelyn Anite, and the Chairman of the Board of Uganda Investment Authority, Morrison Rwakakamba. The factory currently produces 49,000 square meters of tiles per day, with plans to triple its capacity to 150,000 square meters per day at full capacity. Modern Tiles has been recognized as a Superbrand in East Africa, a testament to its commitment to quality, innovation, and customer satisfaction. The company's partnership with the Ghetto Kids, a renowned Ugandan dance group, showcases its dedication to uplifting Ugandan communities and celebrating homegrown talent. Modern Tiles offers a diverse range of products, including wall and floor tiles for living rooms, kitchens, bathrooms, and outdoor spaces, as well as slabs, sanitary ware, kitchen sinks, and faucets. The company's commitment to excellence has made it a trusted name in the industry, with a vision to become a global leader in the tile industry, offering a wide range of innovative and high-quality products.

Investment Focus

• Focus on modern design and timeless elegance
• High-quality wall and floor tiles
• Sustainable and durable products
• Commitment to local sourcing and economic development
• Innovative and stylish solutions for residential and commercial projects
• Expansion into new markets within East Africa
• Collaboration with local communities and businesses
• Adherence to international manufacturing standards
• Investment in state-of-the-art technology and facilities
• Commitment to environmental sustainability

Portfolio Companies