Caesarstone Ltd’s Acquisition of Stake in Lioli Ceramica Pvt Ltd

Khaitan & Co. advised Caesarstone on the deal, while Veritas Legal advised Lioli Ceramica.

Caesarstone gained control of Gujarat-based countertop maker, the transaction was valued at approx. $12 million.

Caesarstone is a concept and lifestyle-driven company with a customer-centered approach to designing, developing and producing high-end engineered surfaces used in residential and commercial buildings.

The Khaitan & Co team was led by Partner Kartick Maheshwari (Picture), Deepak Jodhani (Partner), Kapish Mandhyan (Principal Associate) and Arjun Nair (Associate) represented the client on the transaction with assistance from Hetal Thakkar (Principal Associate) on due diligence.

The Veritas Legal team included partners Nandish Vyas and Srabonee Roy, and associate Gunasheb Singh.

Involved fees earner: Deepak Jodhani – Khaitan & Co.; Kartick Maheshwari – Khaitan & Co.; Kapish Mandhyan – Khaitan & Co.; Arjun Nair – Khaitan & Co.; Hetal Thakkar – Khaitan & Co.; Srabonee Roy – Veritas Legal; Gunasheb Singh – Veritas Legal; Nandish Vyas – Veritas Legal;

Law Firms: Khaitan & Co.; Veritas Legal;

Clients: Caesarstone ; Lioli Ceramica ;