Multiply Group Acquires Tendam, Doubling EBITDA and Expanding Global Reach

Multiply Group, the Abu Dhabi-based investment holding company that invests in and operates businesses globally, on July 23, completed its first major investment in Europe with the acquisition of a majority stake in Tendam, Spain’s second-largest apparel group by market share. The deal doubles Multiply’s operational EBITDA post-consolidation and expands its model to acquire standout […]