Multiply Group, the Abu Dhabi-based investment holding company that invests in and operates businesses globally, announced that it will acquire a majority position in ISEM, a European leading packaging group, subject to regulatory approvals.
Upon completion of the transaction, Multiply Group will hold 60.8% of ISEM, while Peninsula Capital and minority investors will own the remaining 39.2%. This marks the start of a strategic partnership between Multiply and Peninsula, combining Multiply’s platform-building playbook and patient capital approach with Peninsula’s deep sector knowledge and Southern European dominance.
The deal represents an expansion into packaging by Multiply Group, establishing the Group’s fifth consumer-focused vertical and strategically complementing its existing beauty and apparel businesses. ISEM products include rigid boxes, folding cases, silk paper, and dust bags, with an industrial footprint comprising 11 manufacturing plants spanning more than 100,000 m2.
