Eurazeo is a French investment company formed by the merger of Azeo and Eurafrance in April, 2001. The company is headquartered in Paris. Eurazeo is a leading global investment group, with a diversified portfolio of €25.6 billion in assets under management, including €17.7 billion from third parties, invested in 450 companies. Gaz et Eaux (renamed Azeo in 1999) was created in 1881 and specialized in the distribution of water and gas in western and northern France. Following the nationalization of gas in 1945, it kept its "water" activity until 1976, when it gradually changed from a portfolio company at the end of the 1970s, to a pure investment company in the 1990s. Eurafrance, created in 1969, became a shareholder of Azeo in 1985 and increased its shareholding on a regular basis until the takeover bid at the end of 2000. Eurafrance then absorbed its subsidiary Azeo, to become Eurazeo. More information...
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