Falcon Private Holdings Acquires Halcón Cerámicas
Halcón designs, produces, and distributes a broad portfolio of ceramic tile for floor and wall applications.
Falcon Private Holdings, LLC, the private investment manager of the U.S.-based family office of Jamshid Keynejad and Barry Siadat, recently announced that it has closed the acquisition of a controlling interest in Halcón Cerámicas, a leading Spanish ceramic tile producer, from the existing family owners. The Montalbo and Vicent families will retain ownership positions, and their active engagement with the company will reportedly continue.
Halcón designs, produces, and distributes a broad portfolio of ceramic tile for floor and wall applications. With global sales approaching €150 million (approximately $175.1 million), the company has reportedly been rapidly penetrating growing markets in the rest of Europe, North America, and the Middle East. Headquartered in Castellón, Spain, Halcón operates a network of four production plants and two logistical centers within the same region.
“Halcón, one of the largest producers in Spain by capacity and one of the fastest growing in recent years, maintains a differentiated value proposition across numerous channels as a one-stop shop with the ability to rapidly supply a wide array of high quality, on-trend ceramic tiles at compelling price points and with premium customer service,” said Francois Brendel, a principal of Falcon Private Holdings. “We are excited to partner with the Montalbo and Vicent families to drive the next chapter of Halcón’s impressive growth story and value creation.”
For more information, visit www.halconceramicas.com/en.