Fermax
SpainWho owns Fermax?
Fermax is a Spanish Construction company, currently owned by Ardian since 2026. It changed hands in 2025, when Eurazeo and MCH Private Equity Investments sold.
Hand-verified · updated 2026-04-21
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Key facts
- ·Held by Ardian since 2026 (0Y hold).
- ·Best return: 2.6x MOIC by Eurazeo (2025 exit).
- ·Average hold across 2 realized cycles: 5 years.
Ownership history
3 ownership periods · co-invest detected
Eurazeo sold Fermax to Ardian in 2025 after 7 years.
MCH Private Equity Investments sold Fermax to Ardian in 2025 after 2 years.
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Questions
Who owns Fermax?
Fermax is currently owned by Ardian, through Ardian Expansion Fund V, since 2026.
When did Ardian acquire Fermax?
Ardian acquired Fermax in 2026.
Who did Fermax sell to?
Eurazeo and MCH Private Equity Investments sold Fermax to Ardian in 2025 (Secondary).
Who has owned Fermax over time?
Fermax has been through 3 private-equity ownership periods: Eurazeo · via Eurazeo PME III · 2018–2025 · sold to Ardian · (Secondary) · 2.6x; MCH Private Equity Investments · via MCH Iberian Capital Fund IV · 2023–2025 · sold to Ardian · (Secondary) · 2.6x; Ardian · via Ardian Expansion Fund V · since 2026.