Deal Roundup: Ardian sells Netco to Eurazeo, Warburg launches European defence investing platform

Eurazeo has acquired Netco, a industrial services other business in Europe, for $850m. Netco provides critical maintenance services for conveyor systems and industrial assets, supporting uptime for manufacturing and logistics customers. Eurazeo acquisitions in industrials M&A aim to expand industrial services capabilities and strengthen service delivery across key European sites. The private equity acquisition is structured as an add on acquisition, with an announced deal size above $100m and multiple tranche figures reported, including $400m and $161m.