Ardian invests in Fermax, the leading Spanish manufacturer of intercom, home automation and access control technologies

Ardian, a global private investment firm, today announces an exclusive agreement to acquire a majority stake in Fermax, the leading Spanish manufacturer of intercom systems, home automation solutions and access control technologies. This marks Ardian Expansion’s team first investment in Spain, underscoring its commitment to supporting leading mid-sized companies with strong international growth potential.

Founded in 1949 and headquartered in Valencia, Fermax has established itself as the Spanish leader in digital and connected door entry systems for collective housing, mastering all key intercom technologies and progressively expanding into home automation and access control. With two manufacturing sites in Valencia, the company sells its products in 85+ countries worldwide, benefiting from a solid reputation among distributors and installers.

With Ardian’s support, Fermax will accelerate its international expansion by leveraging Ardian’s global network and local presence in key markets, while strengthening its offering, notably on home automation. The company will pursue both organic initiatives and a targeted external growth strategy to reinforce its presence in identified priority segments and geographies. The company will also continue investing in innovation, building on its fully integrated R&D and manufacturing capabilities, while enhancing its digital channels to better serve distributors, installers and end-users.

Ardian brings the Expansion team’s proven track record to the Spanish market and its ability of partnering with ambitious mid-sized companies across Europe to unlock their full potential. The team combines deep sector expertise, strong operational capabilities and an extensive international network, enabling portfolio companies to accelerate growth both organically and through acquisitions. This first investment in Spain reflects the team’s confidence in the country’s dynamic entrepreneurial landscape and its commitment to building long-term partnerships with leading local champions.
 

"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. Fermax’s evolution in recent years has been exceptional. We have proven that we can combine the financial performance targeted by our shareholders with the service excellence demanded by our clients and the close relationship with them that have always defined us. We are deeply honored to partner with Ardian, one of the world's leading investment funds, to continue working towards the ambitious development of Fermax." Jeremy Palacio, President & CEO, Fermax
 

"This first investment in Spain is a major milestone for the Ardian’s Expansion team. Spain is a dynamic market with a wealth of innovative and high-quality companies, and we see strong potential to build long-term partnerships in the country. Our strategy is to support ambitious businesses like Fermax in accelerating their growth and strengthening their international footprint." François Jerphagnon, Member of the Executive Committee and Head of Expansion, Ardian
 

"Fermax is a remarkable example of a Spanish industrial champion with a strong heritage, deep technological expertise and a clear vision for the future. We are delighted to partner with Jeremy Palacio and his team to help them accelerate Fermax’s growth, both in Spain and internationally, by leveraging on our global network and experience in scaling innovative companies." Alexis Lavaillote, Managing Director Expansion, Ardian

"From our very first discussions, we were impressed by the quality of Fermax’s management team, its strong R&D capabilities and its deep knowledge of the market. The management team’s clear strategic vision, combined with a strong commitment to innovation, gave us full confidence in partnering with Fermax to support and accelerate its development in Spain and internationally." David Cahuzac, Director Expansion, Ardian

The completion of the transaction remains subject to the usual conditions precedent and the approval of the relevant regulatory authorities.