Natixis Partners advised Eurazeo on its acquisition of a majority stake in Netco Group, a leading European provider of critical maintenance services for conveyor systems in vital industries, from Ardian, a global private investment firm, and Netco’s management team.

Netco’s founders will make a significant reinvestment alongside Eurazeo, reflecting a shared ambition to accelerate the Group’s development and market positioning. Founded in Bordeaux in 1902 by the Perriez family, Netco has established itself as a European leader and international operator in the general maintenance and servicing of conveyor systems across a wide range of production sectors, including minerals, energy, recycling & waste, machinery, agri-food, metallurgy and pharmaceutical & chemicals. The Group operates in critical industries where process continuity is essential, and where any conveyor failure may lead to substantial and irreversible production losses, making its services highly strategic for its clients. Led by Samuel and James Perriez, representing the fourth generation of the founding family, Netco has achieved global expansion through a combination of organic growth and an active acquisition strategy enabling the Group to establish a presence across four continents. It holds market leading positions in France, Spain and the Benelux region as well as growing positions in the UK and Portugal. It also operates a network of over 100+ service points worldwide. As an integrated provider combining maintenance, distribution and PVC & PU belt-manufacturing, Netco is uniquely positioned to benefit from the growing outsourcing of maintenance services in Europe and beyond. Its markets remain resilient and fragmented, offering significant consolidation opportunities. Eurazeo and Netco’s management team will work together to continue the Group’s development, notably through a targeted M&A strategy. Eurazeo will provide its experience in international expansion and operational investment, drawing on its presence in Europe, the United States and China, and its experience in critical Business Services – will contribute its expertise in international expansion and operational improvement.