Multiply Group unterzeichnet wegweisende Investition mit CVC und PAI Partners, um eine Mehrheitsbeteiligung (67,91 %) an Tendam zu sichern. Die Transaktion wird voraussichtlich das operative EBITDA von Multiply nach der Konsolidierung verdoppeln.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 26 2025
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Source: Businesswire
Investment in Tendam: Multiply Group PJSC has agreed to acquire a 67.91% majority stake in Castellano Investments, owner of Tendam Brands, marking its first significant investment in the European retail and clothing sector, aimed at driving international expansion and growth.
Tendam's Growth and Strategy: Tendam, Spain's second-largest clothing company, has shown consistent growth since 2020 and is recognized for its omnichannel retail strategy, with plans to leverage Multiply Group's investment to enhance its market presence and capitalize on the global clothing market valued at €1.3 trillion.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
