Multiply Group Completes Acquisition of Tendam, Doubling Operational EBITDA and Expanding Global Footprint

[ITweb - South Africa] - 23/07/2025
Multiply Group (ADX: MULTIPLY), the Abu Dhabi-based investment holding company that invests in and operates businesses globally, today 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.
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