ABU DHABI (ALETIHAD)
2PointZero Group has completed the acquisition of a majority stake in Italy-based ISEM Packaging Group for Dh704 million, establishing packaging as its sixth consumer-focused vertical, according to a press release.
Following the transaction, 2PointZero Group now holds a 60.8% stake in ISEM, while Peninsula Capital and minority investors retain the remaining 39.2%. The deal was executed through a combination of secondary and primary capital aimed at accelerating organic and inorganic growth.
The transaction also marks the beginning of a strategic partnership between 2PointZero and Peninsula Capital, with both partners planning to strengthen ISEM’s leadership position through category and geographic expansion, the integration of artificial intelligence and digital technologies across operations, and targeted mergers and acquisitions to expand its industrial footprint and product capabilities.
Samia Bouazza, Chief Executive Officer of 2PointZero Group, said: “The completion of this transaction marks an important step in advancing our global growth ambitions and establishing a scalable platform in the packaging industry. Packaging will become our sixth consumer-focused vertical. During our visit to ISEM’s facilities, I was particularly impressed by the level of automation, advanced robotics assembly, and state-of-the-art facilities, which drive operational efficiency, consistency, and margin strength.”
Bouazza added: “Our entry into packaging is due to the sector continuing to deliver strong CAGR growth across multiple sub-segments, such as food, pharmaceuticals, and luxury. With our track record in strategic M&A, AI deployment, and operational integration, we are well positioned to support ISEM in accelerating its international expansion, while expanding across both primary and secondary packaging and delivering long-term returns for our shareholders.”
ISEM Packaging Group, founded in 1949 and headquartered in Bologna, is a European packaging company serving sectors including beauty, fashion and nutraceuticals. The company is recognised for its association with luxury clients such as LVMH, Kiko, Gucci, L’Oréal, Puig and Coty Lancaster.
The group produces rigid boxes, folding cases, silk paper and dust bags, and operates an industrial network of 11 manufacturing plants covering more than 100,000 square metres.
Borja Prado, Founding Partner of Peninsula Capital, said, “Completion of this transaction marks the beginning of an exciting new phase for ISEM. The group has established itself as the packaging partner of choice for the world’s most demanding luxury clients, and this investment will provide ISEM with the capital, global reach, and strategic support to further accelerate its expansion. Partnering with 2PointZero brings complementary capabilities that we believe will be transformative — not only for ISEM, but for the clients it serves as well. We look forward to building the next chapter together.”
Francesco Pintucci, Chief Executive Officer of ISEM Packaging Group, said, “Today marks the start of a next chapter of the Group. The Group can now offer our clients greater scale without losing the precision and personal commitment that sets ISEM apart. The Group’s people, craftsmanship and relationships with the world’s leading luxury houses remain the heart of everything ISEM does. With 2PointZero and Peninsula, ISEM has the platform to take that offer global.”
Legal advisers on the transaction included Hogan Lovells, which advised 2PointZero and Peninsula Capital on buy-side M&A, foreign direct investment and antitrust matters. Legance assisted Peninsula Capital on its reinvestment and shareholder agreements with 2PointZero, while Van Campen Liem advised on deal structuring. Gatti Pavesi Bianchi Ludovici and Herbert Smith Freehills Kramer advised on the sell-side throughout the sale process.