Caesarstone was the world's first company to use quartz -- one of nature's hardest materials -- as the main component in countertop surfaces, the company reports, adding that it has revolutionized the surfaces market by leveraging quartz to create a brand new surfacing material.

Following the acquisition, the name of the company has been changed to "Caesarstone USA," to reflect the direct access and close proximity of Caesarstone to the U.S. market. Yos Shiran, the CEO of the Caesarstone Group, serves as the Chairman of Caesarstone USA and Sagi Cohen, who had been the company's COO for over five years, now serves as CEO.

"We are now a part of a global corporation, fully owned by Caesarstone Israel," said Shiran. "We invented the quartz surfacing industry and will continue to innovate and create the best surface available in the market -- something we have been proud to do for more than 24 years. As a leader in the industry for nearly a quarter of a century, it is clear that we are a brand that is here to stay."

"The 'North Star' guiding Caesarstone USA throughout this incredible journey has -- and continues to be -- to stay true to our vision: to be the ultimate brand, bringing a harmonious blend of quality, design, style and beauty into people's hearts and homes," added Cohen. "We are the proudest, most passionate, committed and professional organization with customer service second to none."