Poulina Group Holding completed the acquisition of a 45.48% stake in JM Holding from Olea Holding for £167m.

Poulina Group Holding, a Tunisia-based diversified industrial and services group, completed the acquisition of a 45.48% stake in JM Holding, a holding company, from Olea Holding, a holding company, for £167m. JM Holding is the main shareholder of SAH, a North African producer and distributor of hygiene products, holding 65.73% of its capital. Through this transaction, PGH indirectly acquires a 29.9% stake in SAH as part of its investment and diversification strategy focused on high-potential sectors. The deal also initiates a strategic partnership between PGH and JM Holding to activate industrial, logistical, and commercial synergies.