GII Completes Minority Investment in Hotpack Global to Support Expansion Strategy

Business

GII Completes Minority Investment in Hotpack Global to Support Expansion Strategy

GII, a global Shari’ah-compliant alternative investment company, has announced the completion of a minority equity investment in Hotpack Global Holding Ltd, one of the GCC’s largest food packaging manufacturers.

The investment is aimed at supporting Hotpack’s continued growth plans, including the expansion of recently commissioned manufacturing capacity and the acceleration of its international expansion strategy.

The deal marks GII’s latest transaction as the company continues to strengthen its presence within the regional private equity sector.

Strategic expansion into manufacturing

The acquisition represents GII’s strategic entry into the manufacturing sector, complementing its recent investments across healthcare, education, and logistics industries.

By investing in a Dubai-headquartered manufacturing company operating 25 facilities and serving customers in more than 100 countries, GII said the partnership aligns with the UAE’s Operation 300bn strategy aimed at increasing the industrial sector’s contribution to national GDP.

The investment is expected to support local supply chains, strengthen “Made in the UAE” exports, and contribute to job creation across the UAE’s industrial sector.

Saudi expansion plans

One of the key upcoming milestones for Hotpack includes the commissioning of a new manufacturing facility in Al Kharj, Saudi Arabia.

The project is expected to become one of the Kingdom’s largest specialised food packaging facilities and will be supported by long-term supply agreements with major customers.

The new facility is expected to significantly expand Hotpack’s production capacity within Saudi Arabia while supporting the country’s Vision 2030 objectives focused on advanced manufacturing, supply chain resilience, and industrial localisation.

Leadership comments

Mohammed Alhassan and Pankaj Gupta, Co-Founders and Co-CEOs of GII, said the investment reflects the company’s continued commitment to Shari’ah-compliant investments across the GCC and international markets.

They noted that GII looks forward to working alongside Hotpack’s board and leadership team to support the company’s future expansion and long-term business growth.

Abdul Jebbar, Founder and Managing Director of Hotpack Global, described the partnership as an important milestone in the company’s growth journey.

He said the investment would help accelerate Hotpack’s expansion plans, strengthen manufacturing capabilities, support entry into new markets, and advance the company’s sustainable packaging initiatives.

Founded in the UAE, Hotpack has grown over the past three decades into a major regional and international player in food packaging manufacturing, serving a broad customer base across multiple global markets.