Caesarstone acquires Omnicron for USD 27 million – DLA Piper and Naschitz Brandes Amir involved
DLA Piper represented Caesarstone (NASDAQ: CSTE), a leading manufacturer of premium quartz surfaces on its USD 27 million strategic acquisition of Omicron Granite and Tile (“Omicron”), a US-based wholesale importer of natural stone.
Omicron is a stone supplier operating in 17 locations in Florida, Ohio, Louisiana, Michigan and Alabama. Omicron expands Caesarstone’s distribution network in the U.S.
The DLA team comprises Corporate, IP & Technology, Real Estate, Employment in the Chicago and Sacramento offices – including Gregory Grossman, Callie Carr, Carissa Bouwer, Dayle Comerford, Briana Belligio, Jason Veit, Claire Rucker, Miriam Petrillo and Brian Wohlberg – together with the M&A team from Naschitz Brandes Amir.
This is Caesarstone’s second acquisition in the past six months having acquired Italian ceramics company Lioli for USD 12 million in August 2020.
