Caesarstone buys Omicron to boost US distribution
Caesarstone buys Omicron to boost US distribution Under the terms of the deal, the Israeli quartz countertop company acquired Omicron for an enterprise value of $27 million, including $6 million of net debt. Israeli engineered quartz countertop company Caesarstone Ltd. (Nasdaq: CSTE) today announced that it has acquired Omicron Granite and Tile, a stone supplier operating in 17 locations in Florida, Ohio, Louisiana, Michigan and Alabama. Omicron expands Caesarstone’s distribution network in the US. This is Caesarstone's second acquisition in the past six months having acquired Italian ceram...
Source: globes.co.il