2PointZero Group Completes Majority Acquisition Of ISEM Packaging Group
KUALA LUMPUR, March 6 (Bernama) -- 2PointZero Group PJSC, a next-generation investment powerhouse focused on energy and consumer sectors, has formally completed the acquisition of a majority stake in European packaging group ISEM for 704 million Emirati dirham. (100 Emirati dirham = RM107.50)
In a statement, the group said the transaction gives 2PointZero Group 60.8 per cent ownership of ISEM, while Peninsula Capital and other minority investors retain 39.2 per cent, marking the beginning of a strategic partnership between the two firms.
Together, they aim to reinforce ISEM’s leadership through category and geographic expansion, embedding artificial intelligence (AI) and digital technology across the business, and supporting targeted mergers and acquisitions (M&A) to extend ISEM’s industrial footprint and product capabilities.
2PointZero Group Chief Executive Officer (CEO), Samia Bouazza said the acquisition is a key step in advancing the company’s global growth ambitions and establishing a scalable platform in the packaging sector, which will become its sixth consumer-focused vertical.
“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,” she added.
Meanwhile, ISEM Packaging Group CEO, Francesco Pintucci said: “Today marks the start of a next chapter for ISEM. We can now offer our clients greater scale without losing the precision and personal commitment that sets us apart.”
Founded in 1949 and headquartered in Bologna, ISEM is a highly automated packaging leader renowned for its 'Made in Italy' quality. Its product range includes rigid boxes, folding cases, silk paper, and dust bags.
The deal was supported by leading law firms. Hogan Lovells advised 2PointZero and Peninsula Capital on buy-side M&A, foreign direct investment (FDI), and antitrust matters, while Gatti Pavesi Bianchi Ludovici and Herbert Smith Freehills Kramer advised on the sell-side.
-- BERNAMA