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Caesarstone

#9845

Rank

$56.71M

Marketcap

IL Israel

Country

Caesarstone
Leadership team

Mr. Yuval Dagim (Chief Exec. Officer)

Mr. David Cullen (Managing Director of Australia & New Zealand)

Mr. Kenneth Williams (Pres of North America)

Products/ Services
Building Material, Home Decor, Interior Design
Number of Employees
1,000 - 20,000
Headquarters
Talmei Menashe, HaMerkaz, Israel
Established
1987
Company Registration
SEC CIK number: 0001504379
Net Income
5M - 20M
Revenue
500M - 1B
Traded as
CSTE
Social Media
Overview
Location
Summary
Caesarstone Ltd., together with its subsidiaries, develops, manufactures, and markets engineered quartz and other surfaces under the Caesarstone brand in the United States, Australia, Canada, Latin America, Asia, Israel, Europe, the Middle East, and Africa. The company's engineered quartz slabs are primarily used as indoor and outdoor kitchen countertops in the renovation and remodeling construction end markets. Its products are also used in other applications, such as vanity tops, wall panels, back splashes, floor tiles, stairs, furniture, and other interior and exterior surfaces that are used in various residential and non-residential applications. The company also offers porcelain products under the Lioli brand for flooring and cladding applications, as well as resells natural stones, various ancillary fabrication tools, and installation accessories; and sells sinks and materials. It sells its products directly to fabricators, sub-distributors, and resellers; and through direct sales force and indirect network of independent distributors. The company was formerly known as Caesarstone Sdot Yam Ltd. and changed its name to Caesarstone Ltd. in June 2016. Caesarstone Ltd. was founded in 1987 and is headquartered in Menashe, Israel.
History

The Caesarstone factory commenced its operations in 1987, at Kibbutz Sdot Yam, replacing its terrazzo tile factory. The company was established in the wake of development work performed jointly by members of the kibbutz and additional parties such as Professor Moshe Narkis of the Technion. After changing the focus from sale of floor tiles to quartz surfaces and establishing itself in the domestic market, the company started to export its products to different countries around the world. In 2005, an additional production facility was opened at the Bar-Lev Industrial Park. In 2006, TENE Investment Fund invested 25 million dollars in exchange for 21.7% control in the company, which led to the adding of another production line at the Bar-Lev facility.

In 2008, the company began establishing subsidiaries in its main markets: Australia , Canada , USA and Singapore and UK along with activity conducted through distributors in approximately 50 countries.In 2012, Caesarstone started trading on NASDAQ in New York under the ticker symbol CSTE.

In 2015, Caesarstone opened a new facility in the US with an investment of about 100 million dollars. The plant was built in Richmond Hill, Georgia, and provides quartz surfaces mainly to markets in North America, and other countries as well.

Mission
To create beautiful, natural-looking quartz surfaces that bring life to any space while meeting the needs of our customers.
Vision
To be a recognized world leader in engineered stone, setting the standards for quality, design and innovation.
Key Team

Ms. Efrat Rimmer (VP of Global Supply Chain & Commercial)

Mr. Nahum Trost (Chief Financial Officer)

Mr. Eyal Levy (Chief Information Officer)

Mr. Ron Mosberg (Gen. Counsel & Corp. Sec.)

Ms. Idit Maayan Zohar (Global Chief Marketing Officer)

Ms. Efrat Yitzhaki (VP of Global HR)

Mr. Giora Wegman (Deputy Chief Exec. Officer)

Recognition and Awards
Various design awards for Caesarstone product lines and designs including multiple iF awards for innovation and product design.
References

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Caesarstone
Leadership team

Mr. Yuval Dagim (Chief Exec. Officer)

Mr. David Cullen (Managing Director of Australia & New Zealand)

Mr. Kenneth Williams (Pres of North America)

Products/ Services
Building Material, Home Decor, Interior Design
Number of Employees
1,000 - 20,000
Headquarters
Talmei Menashe, HaMerkaz, Israel
Established
1987
Company Registration
SEC CIK number: 0001504379
Net Income
5M - 20M
Revenue
500M - 1B
Traded as
CSTE
Social Media