Puig Family’s Financial Empire: A Closer Look at Their Successful IPO and Diverse Portfolio of Investments

The Puig family has recently made headlines in the financial markets with the successful IPO of their company. In addition to Puig Brands, they are also invested in various patrimonial companies and family offices that have interests in securities such as Inmobiliaria Colonial and Fluidra, both listed on the Ibex 35. These investments have proven to be fruitful, with their market values increasing significantly over the years.

The IPO of Puig’s company was the largest in Europe in 2024, with a market capitalization of over 13.9 billion euros. The family retained 72% of the shares, valuing them at 10 billion euros and placing them among the world’s richest individuals overnight. Despite this newfound wealth, they remain tight-fisted when it comes to controlling their company, with only 92.5% of the shares remaining under their control.

Apart from their company, Puig’s family is heavily invested in other listed companies such as Inmobiliaria Colonial and Fluidra. They hold a significant stake in Colonial, making them the third-largest shareholders of the company. Their investment in Fluidra has also been lucrative, with its market value increasing sevenfold over the last decade alone.

In addition to their investments in listed companies, Puig’s family is also a major shareholder of Adolfo Dominguez fashion group through Myrurgia perfumery group acquisition which began back in early 2000s when they were manufacturing perfumes for Adolfo Dominguez brand . Over time , Puig Brands started marketing fragrances for Adolfo Dominguez brand and eventually became a shareholder .