Abu Dhabi - Mubasher: Multiply Group plans to acquire a 60.80% stake in ISEM, a leading European packaging group, which is subject to regulatory approvals.    

Following the transaction, Peninsula Capital and minority investors will own the remaining 39.20%, according to a press release.

This strategic partnership will integrate Multiply’s platform-building playbook and patient capital approach with Peninsula’s deep sector knowledge and Southern European dominance.

Together, the two entities will reinforce ISEM’s leadership position and accelerate its global expansion, while safeguarding the company’s long-term values of craftsmanship, design excellence, and client trust.

The agreement marks an expansion into packaging by Multiply Group, launching the group’s fifth consumer-focused vertical .

Samia Bouazza, CEO and Managing Director of Multiply Group, said: “This transaction is our second in Europe this year as we continue with our global growth ambitions.”

The CEO indicated: “With this acquisition, alongside Peninsula Capital and the management of ISEM, we see opportunities to maximize competitive advantages, elevate value creation, and create synergies within the industry and potentially with our beauty and apparel sectors.”

Borja Prado, Founding Partner of Peninsula Capital, highlighted: “We are pleased to reinvest in the Group through our latest flagship fund and joining forces with Multiply Group – a strategic global investor with a strong track record in scaling businesses – as the new controlling shareholder of ISEM, with whom we share an ambitious vision and firm belief in the Group’s continued value creation for all stakeholders.”

Francesco Pintucci, CEO of ISEM Group, commented: “This important step represents full continuity with our long-term vision and growth strategy: to build the world’s leading industrial group capable of supporting our customers at 360°, combining the highest standards of quality, innovation, and service with a strong ESG commitment."

"Multiply Group’s investment will further strengthen ISEM’s industrial platform and accelerate our global expansion, enabling us to serve our clients even better — with greater scale, agility, and technological excellence — while preserving the entrepreneurial DNA and human values that define our success,” Pintucci added.

As of 30 June 2025, the group’s gross profits hiked to AED 509.04 million from AED 324.62 million a year earlier.