EuroCave (equipment and services)

Date of initial investment: 1997 (LBO)
Qualis’ stake: 100% at end-January 2006

En millions d’euros	31-12-2006	31-12-2007	31-12-2008
Sales	32.9	33.0	30.8
EBITA	4.8	4.4	2.4
Net profit	2.6	2.3	1.0
Net debt	6.1	5.8	5.5

Market position
EUROCAVE is the world leader in the manufacturing of air-conditioned cabinets dedicated to the conservation of bottled wine, currently called “wine cabinets” or “wine cellars”, which are sold under the brand names of EuroCave, Transtherm and Artevino. The company manufactures and sells other products dedicated to the conservation and serving of wine, such as cellar conditioners, bottle storage units, Vin au Verre. They very recently conceived and put on the market a new generation of products, Sowine, the first home wine bar. 

Current position and outlook 
Considering the evolution of the markets and the competition, EuroCave has been proceeding for two years to an innovating research in order to create ranges meeting with the evolution of consumption and to an emerging need: quality and occasional consumption of wine. It is within this scope that the Sowine concept was born, solution which integrates the bringing to temperature as well as the conservation of open bottles of wine. During 2008, two first products saw the light and were commercialized, the Sowine Home Bar (2 bottles) and La Petite (10 bottles + 2). EuroCave’s ambition is to draw quintessence of this concept and become the referent of the serving products, comforting therefore the future of the company which will rely on these two fundamentals, conservation and serving.

 

EUROCAVE
24, Rue Francis de Pressensé
F 69628 Villeurbanne Cedex
Manager : Paul RIVIER
Tel : + 33 (0)4 72 43 39 00
Website : www.eurocave.com

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