Caesarstone Sdot-Yam Ltd. manufactures engineered quartz surfaces under the Caesarstone brand. The company’s products consist of engineered quartz slabs that are sold in approximately 50 countries through a combination of direct sales in certain markets and indirectly through a network of independent distributors in other markets. The company’s products are primarily used as kitchen countertops in the renovation and remodeling and residential construction end markets. Other applications include vanity tops, wall panels, back splashes, floor tiles, stairs and other interior surfaces that are used in various residential and non-residential applications. The company’s products’ hardness, as well as their non-porous characteristics, offers scratch, stains and heat resistance, making them durable and ideal for kitchen and other applications relative to competing products such as granite, manufactured solid surfaces and laminate. Through its design and manufacturing processes the company offers various colors, styles, designs and textures. The company’s engineered quartz slabs generally measure 120 inches long by 56 1/2 inches wide with a thickness of 1/2 of an inch, 3/4 of an inch or 1 1/4 inches. The company’s product offerings include four collections, each of which is designed to have a distinct aesthetic appeal. Within this product collection, the company offers approximately 70 different colors, with 4 textures and 3 thicknesses generally available for each of the collection’s colors. The Concetto product collection features engineered quartz surfaces with hand-incorporated semi-precious stones. Its Motivo product collection features a range of patterned textures that could be customized. The company’s Supremo product collection is characterized by designs inspired by semi-precious stones. Distribution The company’s primary markets are the United States, Australia, Canada, and Israel. Direct Markets: The company has direct sales channels in the United States, Australia, Canada, Israel, and Singapore. It supplies its products primarily to fabricators, who in turn resell them to contractors, developers, builders and consumers, who are advised by architects and designers to use Caesarstone products for a project. The company distributes its products directly to various local distributors who in turn sell to fabricators. Indirect Markets: The company distributes its products in other territories in which the company does not have a direct sales channel through third-party distributors, who distribute its products on an exclusive or non-exclusive basis in a specific country or region to fabricators. Fabricators sell the company’s products to contractors, developers, builders, and consumers. It sells its products in approximately 40 countries through third-party distributors. Suppliers The company’s suppliers include Turkey, Mikroman Madencilik San ve TIC.LTD.STI and Polat Maden Sanayi ve Ticaret A.S. Intellectual Property The company has obtained trademark registrations in certain jurisdictions that it considers material to the marketing of its products, all of which are used under the trade name Caesarstone, including CAESARSTONE, CONCETTO, and its Caesarstone logo. The company has obtained trademark registrations for additional marks that it uses to identify certain product collections, including SUPREMO and MOTIVO, as well as other marks used for certain of the company’s products. Regulations The company is subject to the Israeli Rest Law, which, among other things, prohibits the employment of Jewish employees on Saturdays and Jewish holidays, unless a permit is obtained from the Israeli Ministry of Economy. History Caesarstone Sdot-Yam Ltd. was founded in 1987. The company was incorporated in 1989 in the state of Israel.
caesarstone sdot-yam ltd
(CSTE:Consolidated Issue Listed on NASDAQ Global Select )
MP Menashe, 37804
Phone: 972 4 610 9300
Fax: 972 4 636 4186www.caesarstone.com
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