Eurazeo agrees to acquire MIYA Water: what it means for Eurazeo stock

Published on 10/18/2026 at 12:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Miya marks EPBF's fourth investment on October 7, 2026. Eurazeo stock closed at EUR 45.32 on October 16, 2026 versus EUR 44.96 on October 15.

Miya deal and operating metrics

EPBF made its fourth investment through the Miya Water agreement on October 7, 2026.
First-half 2026 third-party inflows reached EUR 2.30 billion versus EUR 2.10 billion a year earlier.
Eurazeo stock closed at EUR 45.32 on October 16, 2026.
The company launched a EUR 200.00 million buyback on June 22, 2026.

Schwarzweißes Reportagefoto von Geschäftsleuten in einer Pariser Bürolobby mit Gegenlicht — Schwarzweiß-Reportage zeigt Geschäftsleben in Paris, passend zu Eurazeo SE, ISIN FR0000121121, Holdinggesellschaft, Illustration mit AI erstellt.

Eurazeo (ISIN FR0000121121) agreed on October 7, 2026, to acquire a majority stake in MIYA Water through its Eurazeo Planetary Boundaries Fund. According to Eurazeo, the transaction would make MIYA the fund's fourth investment, with completion subject to customary formalities.

Water investment adds a fourth platform

MIYA Water has completed more than 200 projects across five continents since 2007, according to the company release. Its business focuses on reducing non-revenue water, including losses caused by leaks, theft and metering errors. The founders and management team are expected to remain significant co-investors.

The deal gives Eurazeo another environmental-solutions asset while the group builds its private-markets platform. The release identifies water efficiency as a long-term infrastructure theme and says Eurazeo plans to support international expansion and selective acquisitions.

What do the half-year figures mean?

The first-half 2026 figures show stronger fundraising alongside continued pressure on earnings. Third-party inflows reached EUR 2.30 billion versus EUR 2.10 billion in the first half of 2025, while asset-management EBITDA increased 20.00 percent, according to Ideal Investisseur.

Revenue for the first half of 2026 was EUR 211.40 million, with an EBITDA margin of 47.30 percent. Net income remained negative at EUR 6.30 million, which leaves fundraising and portfolio execution as important counterweights to the earnings result.

Buyback sets a capital-return marker

Eurazeo launched a EUR 200.00 million share buyback on June 22, 2026. By October 9, 2026, EUR 32.00 million had been repurchased, according to Ideal Investisseur. A separate regulatory disclosure reported 10,000 shares acquired on October 16, 2026, at an average price of EUR 45.69 on Euronext Paris, according to Les Echos Comfi.

Stock closes at EUR 45.32

Eurazeo's last reported close on Euronext Paris was EUR 45.32 on October 16, 2026, versus EUR 44.96 on October 15, 2026. The further course of trading is shown by the continuously updated real-time quote of Eurazeo stock.