The Puig family has recently made headlines in the financial markets with the successful IPO of their company. In addition to Puig Brands, they have various patrimonial companies and family offices that invest in securities such as Inmobiliaria Colonial and Fluidra, two companies listed on the Ibex 35. These investments have proven to be lucrative, with Fluidra’s market value increasing sevenfold in the last decade alone.
Puig’s company had the largest IPO in Europe in 2024, raising a market capitalization of over 13.9 billion euros. Despite retaining only 72% of the shares, this valuation placed them among the world’s richest individuals overnight. However, they maintain tight control over the company, with 92.5% of the shares remaining in their hands.
Apart from their company, Puig’s family is also a significant shareholder of Adolfo Dominguez fashion group. This relationship dates back to 2003 when they acquired Myrurgia perfumery group and began marketing fragrances for Adolfo Dominguez brand. Over time, this investment has proven to be fruitful as Puig Brands became a shareholder in Adolfo Dominguez group.
In addition to their investments in listed companies, Puig family also has substantial investments in real estate and venture capital funds reserved for high-net-worth clients.
Overall, Puig’s family is a major player in various industries and has been able to leverage their wealth and influence to make strategic investments that have paid off handsomely. With its successful IPO and other profitable ventures under its belt, it’s clear that this Spanish dynasty is here to stay for years to come.