With 704 million dirhams.. "2 Point Zero" It owns a majority of shares "ISEM" To enhance its leadership in the luxury packaging sector
Abu Dhabi, 5 March / WAM / 2 Point Zero Group PJSC announced the official completion of a strategic acquisition of a majority stake of 60.8% in ISEM Group, the leading European group in the packaging sector, in a deal worth a total of 704 million dirhams.
The deal was financed through a combination of primary and secondary capital, establishing a strategic partnership under which Peninsula Capital and minority investors will retain the remaining 39.2% stake.
Through the step, the group aims to accelerate the pace of growth, expand geographical presence and product categories, in addition to integrating digital solutions and artificial intelligence technologies into various operations, and supporting qualitative acquisitions that enhance the company’s production capabilities.
In this context, Samia Bouazza, CEO of 2 Point Zero Group, confirmed that the completion of this deal represents a vital step within the group’s global development plans, as packaging represents the sixth consumer-focused sector within its portfolio, to strategically integrate with its business in the fields of beauty and clothing.
Bouazza praised the advanced level of automation and robotic systems in ISEM facilities, noting that the group will use its proven track record in mergers and acquisitions and artificial intelligence technologies to support the company’s international expansion and achieve long-term returns for shareholders, benefiting from the strong growth rates witnessed by the global packaging sector.
For his part, Borja Prado, founding partner of Peninsula Capital, explained that this investment will provide the strategic support and capital necessary to accelerate the expansion plans of the “ISEM” group, expressing his confidence that the partnership with “2 Point Zero” will bring about a qualitative shift in the company’s capabilities and the value provided to its clients.
In turn, Francesco Bentucci, CEO of ISEM Group, considered that this partnership gives the group a supportive framework to expand its global presence with greater confidence, while preserving the expertise of its work teams and its close relationships with the most prominent luxury brands, thanking all team members, partners and customers for their continued support.
Founded in 1949 and headquartered in Bologna, Italy, the ISEM Group is a landmark that embodies “Made in Italy” quality, meeting the needs of the beauty, fashion and nutritional supplements sectors. The company specializes in the production of rigid and folding boxes, silk paper, and packaging bags. It operates 11 factories spread over an area of more than 100,000 square metres, and its list of clients includes prestigious international brands such as LVMH, Kiko, Gucci, L’Oréal, Puig, and Coty Lancaster.
On the advisory and legal level of the deal, the global law firm Hogan Lovells provided legal advice to 2 Point Zero and Peninsula Capital on aspects of the acquisition by the buyer, and Legance advised Peninsula Capital on its reinvestment and shareholder agreements, while Van Kampen Liem advised on the structuring of the deal. In return, Gatti Pavese Bianchi Ludovici provided advice. and Herbert Smith Freehills Kramer, providing sales advice.
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