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New Deal


Announced

Halcón to acquire Cicogres.

Synopsis

Halcón, a manufacturer of ceramic products, agreed to acquire Cicogres, a manufacturer of ceramic tiles in Vilafamés, Spain. Financial terms were not disclosed. “We are very excited about the addition of valuable, plug-and-play assets from Cicogres – the transaction is a reflection of the group’s vision to supplement organic growth investment with accretive acquisitions. We are proud to welcome Cicogres’s team, recognized for professional service and quality manufacturing. With support from Falcon Private Holdings, the group’s majority shareholder since 2018, Grupo Halcón will continue to seek additional avenues for growth across geographies and channels," Francois Brendel, Halcón CEO.

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