Loading…
2PointZero Group completed its acquisition of a 60.8% majority stake in ISEM Packaging Group, a European packaging group serving beauty, fashion, luxury and nutraceuticals, for AED 704 million (about EUR 164.7 million). Peninsula Capital and minority investors retain 39.2%.
Abu Dhabi-based Multiply Group announced it will acquire a majority stake of 60.8% in Italian packaging group ISEM, subject to regulatory approvals, with Peninsula Capital and minority investors retaining 39.2%.
ISEM Packaging Group, a Milan-based luxury packaging group, has acquired EGISA, a Barcelona-based high-end folding carton manufacturer with over 60 years of experience. The deal is backed by Peninsula Capital, and the value is not disclosed.
Isem Packaging Group, backed by Peninsula Capital, finalized the industrial integration of Tuscan luxury rigid box maker Bartoli Packaging through subsidiary Industrial Pack. The closing took place in June 2024 and was announced on July 15, 2024.
Investment firm Peninsula Capital agreed to buy Italian premium packaging firm ISEM Bramucci, which makes luxury boxes and folding cartons, in a deal worth around 90 million euros ($97 million).
