Fermax begins new strategic phase with Ardian set to become the company’s majority shareholder

Fermax begins new strategic phase with Ardian set to become the company’s majority shareholder

December 15, 2025

Following a successful period under the guidance of MCH Private Equity and Eurazeo, we welcome Ardian as our new majority partner to support the next phase of our international expansion and to further strengthen our technological leadership. This transaction remains subject to applicable regulatory approvals.

Since March 2023, with the support of MCH Private Equity and Eurazeo and driven by the strategic vision of our President & CEO, Jeremy Palacio, the Fermax Group has delivered strong financial performance and sustained operational excellence. We are closing this three-year cycle having exceeded our forecasts and strategic objectives, achieving solid growth in both sales and EBITDA.

Thanks to the confidence our customers place in our brand, we have successfully leveraged our strong value proposition to increase our market share in key countries such as Spain, France, Portugal, and Poland. In Poland, in particular, we have recently reinforced our growth strategy through the strategic acquisition of S-Labs, completed successfully in the last quarter of 2025. This operation not only strengthens our position in one of Europe’s most dynamic markets, but also brings complementary talent and technology to the Fermax Group. At the same time, we have consolidated our presence and commercial leadership in both the Middle East and Southeast Asia.

 

Jeremy Palacio, President and CEO of the Fermax Group

 

Building on a strong track record of growth and market leadership, Fermax has evolved into a larger, more profitable, and more international company through its partnership with MCH Private Equity and Eurazeo. Our alliance with Ardian ensures continuity in our business vision and provides the investment capacity needed to continue leading the digital transformation of buildings with best-in-class market solutions.

“We would like to express our sincere gratitude to MCH and Eurazeo. Their support and strategic vision have been instrumental in achieving the milestones we celebrate today. The evolution of Fermax in recent years has been exceptional. We have demonstrated our ability to combine the financial performance expected by our shareholders with the service excellence demanded by our customers and the close relationships that have always defined us. We are deeply honoured to partner with Ardian, one of the world’s leading investment funds, as we continue to drive Fermax’s ambitious development, jointly fostering innovation and accelerating inorganic growth,” declares Jeremy Palacio, President & CEO of the Fermax Group.

 

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ABOUT FERMAX
Fermax is a leading global manufacturer specialised in the design, manufacturing, and commercialisation of video door entry systems, access control, and connected home solutions. Founded in 1949 and headquartered in Valencia (Spain), the company leads the digital transformation of buildings by delivering solutions that combine technology, design, and connectivity. With a turnover exceeding €90 million in 2025 and a team of over 550 employees—including 75 engineers dedicated to R&D—its innovations are present in more than 85 countries, where professionals and users trust the brand’s quality and reliability.

ABOUT ARDIAN
In a world of constant evolution, Ardian stands out for its ability to anticipate, adapt, and turn challenges into opportunities. As a global, diversified private markets firm with 22 offices and more than 350 investment professionals worldwide, Ardian provides investment and customized solutions that reflect new economic dynamics and help its clients remain resilient in a changing world.

Ardian delivers multi-local expertise and long-term performance for its investors and partners as well as shared value for the broader society. Since Ardian’s inception in 1996, its pioneering approach to diversification and ability to offer tailor-made solutions at scale have remained the heart of its strategy.

Through commitment, knowledge and technology, Ardian brings lasting value to its companies and contribute positively to the whole industry. Ardian currently manages or advises $196bn for more than 1,890 clients worldwide across Private Equity, Real Assets, and Credit.