diff --git a/product_pricelist_direct_print/tests/test_product_pricelist_direct_print.py b/product_pricelist_direct_print/tests/test_product_pricelist_direct_print.py
index 5ac4a6b06c2..61680f02e6b 100644
--- a/product_pricelist_direct_print/tests/test_product_pricelist_direct_print.py
+++ b/product_pricelist_direct_print/tests/test_product_pricelist_direct_print.py
@@ -1,6 +1,7 @@
 # Copyright 2017 Carlos Dauden <carlos.dauden@tecnativa.com>
 # License AGPL-3.0 or later (https://www.gnu.org/licenses/agpl.html).
 
+from odoo import Command
 from odoo.exceptions import ValidationError
 from odoo.tests.common import TransactionCase, tagged
 
@@ -38,11 +39,25 @@ def setUpClass(cls):
         cls.category_child = cls.env["product.category"].create(
             {"name": "Test category child", "parent_id": cls.category.id}
         )
+        cls.tag_01 = cls.env["product.tag"].create({"name": "Test 01"})
+        cls.tag_02 = cls.env["product.tag"].create({"name": "Test 02"})
         cls.product = cls.env["product.product"].create(
             {
                 "name": "Product for test",
                 "categ_id": cls.category.id,
                 "default_code": "TESTPROD01",
+                "product_tag_ids": [
+                    Command.link(cls.tag_01.id),
+                    Command.link(cls.tag_02.id),
+                ],
+            }
+        )
+        cls.product2 = cls.env["product.product"].create(
+            {
+                "name": "Product for test New",
+                "categ_id": cls.category.id,
+                "default_code": "TESTPRODNEW",
+                "product_tag_ids": [Command.link(cls.tag_02.id)],
             }
         )
         cls.partner = cls.env["res.partner"].create(
@@ -176,6 +191,25 @@ def test_show_only_defined_products(self):
         products = wiz.get_products_to_print()
         self.assertIn(self.product, products)
 
+    def test_group_field_m2m(self):
+        wiz = self.wiz_obj.with_context(
+            active_model="product.pricelist",
+            active_id=self.pricelist.id,
+        ).create({})
+        wiz.group_field_template = "product_tag_ids"
+        groups = wiz.get_groups_to_print()
+        group_names = [x["group_name"] for x in groups]
+        self.assertIn("Test 01", group_names)
+        self.assertIn("Test 02", group_names)
+        for group in groups:
+            if group["group_name"] == "Test 01":
+                self.assertEqual(group["products"], self.product.product_tmpl_id)
+            if group["group_name"] == "Test 02":
+                self.assertEqual(
+                    group["products"],
+                    self.product.product_tmpl_id + self.product2.product_tmpl_id,
+                )
+
     def test_parent_categories(self):
         product_category_child = self.env["product.template"].create(
             {
diff --git a/product_pricelist_direct_print/wizards/product_pricelist_print.py b/product_pricelist_direct_print/wizards/product_pricelist_print.py
index 739ef74311b..aa2d3ec3ed7 100644
--- a/product_pricelist_direct_print/wizards/product_pricelist_print.py
+++ b/product_pricelist_direct_print/wizards/product_pricelist_print.py
@@ -61,6 +61,11 @@ class ProductPricelistPrint(models.TransientModel):
         default="categ_id",
         required=True,
     )
+    group_field_template = fields.Selection(
+        selection=lambda x: x._selection_group_field(model="product.template"),
+        default="categ_id",
+        required=True,
+    )
     partner_count = fields.Integer(compute="_compute_partner_count")
     date = fields.Datetime(required=True, default=fields.Datetime.now)
     last_ordered_products = fields.Integer(
@@ -173,14 +178,14 @@ def default_get(self, fields):
                 res["categ_ids"] = [(6, 0, category_items.mapped("categ_id").ids)]
         return res
 
-    def _selection_group_field(self):
+    def _selection_group_field(self, model="product.product"):
         fields = (
             self.env["ir.model.fields"]
             .sudo()
             .search(
                 [
-                    ("model", "=", "product.product"),
-                    ("ttype", "=", "many2one"),
+                    ("model", "=", model),
+                    ("ttype", "in", ["many2one", "many2many"]),
                 ]
             )
         )
@@ -374,13 +379,22 @@ def get_products_to_print(self):
         return products
 
     def get_group_key(self, product):
-        group_field = getattr(product, self.group_field)
-        complete_name = getattr(group_field, "complete_name", group_field.name) or _(
-            "Undefined"
+        group_field_name = (
+            self.group_field if self.show_variants else self.group_field_template
         )
-        if not self.max_categ_level:
-            return complete_name
-        return " / ".join(complete_name.split(" / ")[: self.max_categ_level])
+        group_fields = getattr(product, group_field_name)
+        res = []
+        for group_field in group_fields:
+            complete_name = getattr(group_field, "complete_name", group_field.name)
+            if not self.max_categ_level:
+                res.append(complete_name)
+            else:
+                res.append(
+                    " / ".join(complete_name.split(" / ")[: self.max_categ_level])
+                )
+        if len(res) == 0:
+            res.append(_("Undefined"))
+        return res
 
     def get_sorted_products(self, products):
         if self.order_field:
@@ -395,8 +409,9 @@ def get_groups_to_print(self):
             return []
         group_dict = defaultdict(lambda: products.browse())
         for product in products:
-            key = self.get_group_key(product)
-            group_dict[key] |= product
+            keys = self.get_group_key(product)
+            for key in keys:
+                group_dict[key] |= product
         group_list = []
         for key in sorted(group_dict.keys()):
             group_list.append(
diff --git a/product_pricelist_direct_print/wizards/product_pricelist_print_view.xml b/product_pricelist_direct_print/wizards/product_pricelist_print_view.xml
index bec0edae558..a3b8c8c46ef 100644
--- a/product_pricelist_direct_print/wizards/product_pricelist_print_view.xml
+++ b/product_pricelist_direct_print/wizards/product_pricelist_print_view.xml
@@ -29,7 +29,12 @@
                     </group>
                     <group string="Order Options">
                         <field name="order_field" />
-                        <field name="group_field" />
+                        <field name="group_field" invisible="not show_variants" />
+                        <field
+                            name="group_field_template"
+                            invisible="show_variants"
+                            string="Group Field"
+                        />
                         <field name="max_categ_level" />
                     </group>
                     <group string="Product Options">