Nerco
FranceWho owns Nerco?
Nerco is a French Construction company, currently owned by Azulis Capital since 2024. It changed hands in 2024, when Siparex sold.
Hand-verified · updated 2026-04-21
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Key facts
Ownership history
2 ownership periods · 1 lender on file
Siparex sold Nerco to Management, Azulis Capital and ODDO BHF Asset Management in 2024 after 4 years.
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US
UKQuestions
Who owns Nerco?
Nerco is currently owned by Azulis Capital, through Azulis MMF VI, since 2024.
When did Azulis Capital acquire Nerco?
Azulis Capital acquired Nerco in 2024.
Who did Nerco sell to?
Siparex sold Nerco to Management, Azulis Capital and ODDO BHF Asset Management in 2024 (MBO).
Who has owned Nerco over time?
Nerco has been through 3 private-equity ownership periods: Siparex · via Siparex Midcap 4 · 2020–2024 · sold to Management, Azulis Capital and ODDO BHF Asset Management · (MBO); Azulis Capital · via Azulis MMF VI · since 2024; Zencap AM · via Zencap Direct Lending IV · since 2024.