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Eurazeo buys majority of MIYA Water

MIYA becomes the fourth investment for Eurazeo's Planetary Boundaries Fund, which plans acquisitions and expansion into new markets

M&A News deals deskIndustrials / Water efficiency services · Spain, Europe7 Oct 2026

Eurazeo said on 7 October 2026 that its Eurazeo Planetary Boundaries Fund had agreed to acquire a majority stake in MIYA Water, a specialist in reducing non-revenue water. Terms were not disclosed.

Why Eurazeo (Eurazeo Planetary Boundaries Fund) is buying MIYA Water (majority stake)

Eurazeo plans to strengthen MIYA's operations and organisation, pursue selective acquisitions and expand into new international markets. It estimates that about 126 billion cubic metres of water are lost each year before reaching customers and puts the market for reducing these losses at about €50bn a year.

Deal terms and financing

Financial terms were not disclosed. MIYA's founders and management team will keep running the company and remain significant co-investors alongside the fund.

Regulatory approvals and timing

Completion is subject to customary formalities.

Market context

Founded in 2007, MIYA has carried out more than 200 projects on five continents. The deal is the fourth investment for EPBF, which has a target size of €750m.

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