{"id":108312,"date":"2025-10-09T00:00:00","date_gmt":"2025-10-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/multiply-group-to-snap-up-60-8-of-italian-luxury-packager-isem\/"},"modified":"2025-10-09T00:00:00","modified_gmt":"2025-10-09T00:00:00","slug":"multiply-group-to-snap-up-60-8-of-italian-luxury-packager-isem","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/10\/09\/multiply-group-to-snap-up-60-8-of-italian-luxury-packager-isem\/","title":{"rendered":"Multiply Group to snap up 60.8% of Italian luxury packager ISEM"},"content":{"rendered":"

Abu Dha<\/strong>bi-listed Multiply Group is acquiring a 60.8% stake in Italy-ba<\/strong>sed ISEM <\/strong>Packaging Group<\/strong>, according to a statement (pdf)<\/a>. The remaining 39.2% will be held by Peninsula Capital and minority investors. The transaction \u2014 which is still pending regulatory approvals \u2014 marks the launch of Multiply\u2019s fifth consumer-focused vertical, extending its reach beyond its existing beauty and apparel portfolio. <\/p>\n

This is Multiply\u2019s <\/strong>second European transaction this year<\/a><\/strong> and its sixth global partnership<\/strong> since listing on the ADX in 2021 \u2014 part of the group\u2019s broader plan to build a diversified global portfolio of consumer-focused assets.<\/p>\n

Peninsula will <\/strong>reinvest in the firm through its latest flagship f<\/strong>und<\/strong> to support ISEM\u2019s international expansion alongside Multiply, the statement said. <\/p>\n

The acquisition gives Multiply exposure to one of Europe\u2019s top luxury packaging producers.<\/strong> Founded in 1949 and headquartered in Bologna, ISEM operates 11 manufacturing plants spanning more than 100k sqm and serves global names including LVMH, Kiko, Gucci, L\u2019Or\u00e9al, Puig, and Coty Lancaster. The company produces rigid boxes, folding cartons, silk paper, and dust bags.<\/p>\n

The vertical will complement Multiply\u2019s existing beauty and apparel businesses<\/strong>, with the company\u2019s 3x revenue and 4x EBITDA growth from 2021\u20132024, blue-chip client base, and automated industrial footprint in the packaging space offering several avenues for cooperation, Multiply CEO Samia Bouazza said.<\/p>\n

Market reax: <\/strong>Multiply\u2019s stock shed 0.33% yesterday to close at AED 3.0. <\/p>\n","protected":false},"excerpt":{"rendered":"

The remaining 39.2% will be held by Peninsula Capital and minority investors.<\/p>\n","protected":false},"author":1,"featured_media":108313,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2392],"tags":[1360,7,1344,60,814],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-108312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-abu-dhabi","tag-enterpriseam-uae","tag-ma","tag-ma-watch","tag-multiply-group","wpautop","entry"],"acf":{"mongo_id":"ede1d881-1068-40e9-a686-d41bd33e4a3a","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/2\/2523.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Multiply Group to nab 60.8% of Italian luxury packager ISEM","related_issue":[108302],"teaser":"The remaining 39.2% will be held by Peninsula Capital and minority investors.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/10\/.54426fc5-d21d-4be6-8716-7a9ba1b148a7.mp3"},"yoast_head":"\nMultiply Group to snap up 60.8% of Italian luxury packager ISEM - 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