Abu Dhabi’s 2PointZero takes majority stake in Italy’s Isem

2PointZero Group, the Abu Dhabi-based investment holding company, has acquired a majority stake in Italian packaging group Isem for AED704 million ($192 million).

The investment company now holds 60.8 percent of Isem, 2PointZero said in a disclosure published on the Abu Dhabi Securities Exchange.

UK-based private equity investor Peninsula Capital and minority investors own the remaining 39.2 percent.

“Packaging will become our sixth consumer-focused vertical,” 2PointZero Group CEO Samia Bouazza said.

“Our entry into packaging is due to the sector continuing to deliver a strong compound annual growth rate across multiple sub-segments, such as food, pharmaceuticals, and luxury,” he added.

Isem products include rigid boxes, folding cases, silk paper and dust bags, with an industrial footprint comprising 11 factories spanning more than 100,000 square metres.

2PointZero Group was formed in October by the merger of Multiply Group, Ghitha Holding and the original 2PointZero under International Holding Company, with combined assets valued at AED120 billion.

A subsidiary of 2PointZero Group earlier this week acquired a stake in US health-tech company Whoop. No financial details or the stake size were disclosed.

Last month, 2PointZero Group said revenue grew by 311 percent in 2025 to AED7 billion, while net profit rose 158 percent to AED3.6 billion.

The company is targeting a 35 percent increase in net income for 2026. It holds assets in more than 85 countries.

Shares of 2PointZero Group closed 0.5 percent higher at AED1.91 on Thursday, but were down 27 percent so far this year.

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