Follow-On Offering

Industrial
Follow-On Offering

Summary

Baird served as a co-manager on this offering

About

Caesarstone Sdot-Yam Ltd. (“Caesarstone” or the “Company”) (NASDAQ-GS: CSTE) recently completed a follow-on offering of 7,775,000 shares of common stock at a price of $23.25 per share, generating gross proceeds of approximately $180.8 million. All of the shares offered were sold by selling shareholders of the Company. The Company will not receive any proceeds from the sale of shares in the offering.

Caesarstone manufactures high quality engineered quartz surfaces, which are used in both residential and commercial buildings as countertops and other types of interior surfaces. The wide variety of colors, styles, designs and textures of quartz the Company produces, along with the product’s inherent durability, provide consumers with a product competitive with granite, manufactured solid surfaces and laminate. The Company’s products are available in 48 countries around the world. Caesarstone is headquartered in MP Menashe, Israel.

For additional information about this transaction, please contact:

Chris Cooper (312) 609-5490
Paul Rogalski (312) 609-4912
Lance Lange (414) 765-7079
Maria Watts (312) 609-4743
Vinay Ghai +44 (0) 20 7667 8225
Industrial
Follow-On Offering
Date
April 2013
Company
Caesarstone Sdot-Yam Ltd.
Transaction
M&A
Sectors
Industrial
Target Location
Asia

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