Falcon Private completed the acquisition of a majority stake in EuroCave from Talis.

Falcon Private, a private investment manager, completed the acquisition of a majority stake in EuroCave, a manufacturer of wine cellars, from Talis, a French, diversified industrial group. Financial terms were not disclosed. “EuroCave is an iconic brand, evoking the French art de vivre. Consumption growth and the premiumization of wine are sparking awareness of the importance of proper preservation. We expect EuroCave will continue to lead the migration of wine bottles from refrigerators and racks to purpose-built cabinets and cellars that regulate temperature and humidity while blocking ultraviolet rays and minimizing vibration," Philip Marxen, Falcon Private Holdings Managing Director.