Falcon Personal Holdings Closes Management Financial commitment in EuroCave

LYON, France–(Company WIRE)–Falcon Private Holdings, LLC (“Falcon Personal Holdings” or “Falcon”), the private expenditure arm of Jamshid Keynejad and Barry Siadat, introduced today that it has closed the acquisition of a managing desire in the EuroCave Group (“EuroCave” or the “Company”), the global chief in top quality wine cabinets, from Talis SA (“Talis”), a French, diversified industrial team. Talis, the proprietor of EuroCave because 1997, will retain a major minority possession position and their lively engagement with the Enterprise will go on.

EuroCave, the French wine cupboard pioneer launched in 1976, models and makes its wine conservation and storage goods solely in France. EuroCave generates approximately €30 million of world wide gross sales with activity on all suitable continents for much more than forty-5 several years. EuroCave’s operations incorporate production and logistical facilities in the north of France (Fourmies), a headquarters and R&D facility in the south of France (Lyon), and distribution subsidiaries in France, the United kingdom, and Germany. The Organization utilizes a portfolio of manufacturers – such as EuroCave, EuroCave Specialist, ArteVino, and Transtherm – to supply freestanding and developed-in answers for the customer and specialist channels.

David Walker, chairman of EuroCave and a principal of Falcon Non-public Holdings, pointed out: “As the leader in the top quality phase and the only world wide small business solely dedicated to wine preservation, EuroCave is perfectly-positioned to travel residence penetration and improve current market share. We are psyched to be part of forces with Talis, a like-minded husband or wife who will make certain EuroCave’s French heritage stays prominently featured as investment and progress accelerate.”

Philip Marxen, a director of EuroCave and a controlling director of Falcon Personal Holdings, additional: “EuroCave is an legendary manufacturer, evoking the French artwork de vivre. Consumption advancement and the premiumization of wine are sparking awareness of the importance of suitable preservation. We anticipate EuroCave will continue on to lead the migration of wine bottles from fridges and racks to reason-built cupboards and cellars that regulate temperature and humidity even though blocking ultraviolet rays and reducing vibration.”

Robert Léon, a director of EuroCave and CEO of Talis, commented: “Talis is excited to keep on advancing the EuroCave brand pursuing twenty-4 many years of worthwhile ownership. In this up coming chapter, we search forward to lively collaboration with Falcon, a different prolonged-expression investor with deep functioning abilities, specifically in catalyzing global growth.”

Pascal Marchand, a director of EuroCave and CEO since 2010, remarked: “Our Organization will often belong to the wine local community and our mission stays unchanged: to protect and serve wine. Our quality solutions make sure that the moment of tasting gives an intact emotion, that of an encounter with the wine maker.”

For Falcon, Jeantet and Morgan Lewis acted as authorized counsel, EY acted as accounting and tax advisor, and Kepler Company Finance acted as credit card debt financing advisor. For Talis, Kepler Corporate Finance acted as M&A advisor, Argos Avocats acted as lawful counsel, and Benichou & Rontchevsky acted as tax advisor. Omnes Funds acted as Arranger of the unitranche funding and Crédit du Nord acted as Arranger of the revolving credit facility.