Established by the Francalanci family near Florence in 1981, Palagina is active in the production of mosquito nets and solar blinds, both for indoor and outdoor. It has a wide distribution network and a premium positioning, mainly in Central and Northern Italy.

Palagina employs around 250 people and posted sales of Euro 28.5 million.

This acquisition allows 21 Invest, that invested in Zanzar in November 2021, to consolidate the sector and create an industrial

pole with a turnover of about Euro 130 million.

The transaction was supported by Crédit Agricole, BPER Banca and Deutsche Bank.