U.S.-Based Falcon Acquires Controlling Interest in Halcon Ceramicas
Boston, MA, September 5, 2018-Falcon Private Holdings, the private investment manager of the U.S.-based family office of Jamshid Keynejad and Barry Siadat, announced that it has closed the acquisition of a controlling interest in Halcón Cerámicas, a 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 continue.
Halcón designs, produces, and distributes a broad portfolio of ceramic tiles for floor and wall applications. Halcón, with global sales approaching €150 million, holds a market leading position in Spain and has been rapidly penetrating growing markets in the rest of Europe, North America, and the Middle East. Headquartered in Castellón, Spain, the company operates a network of four production plants and two logistical centers within the same region.