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New Deal


Announced

Completed

21 Invest-backed Zanzar completed the acquisition of Palagina.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Private

Italy

sunscreen

Cosmetics

Domestic

Majority

Private Equity

Completed

Friendly

Single Bidder

Synopsis

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21 Invest-backed Zanzar, a firm active in the production of anti-insect systems, sunscreens, shutters and other accessories for the world of fixtures, completed the acquisition of Palagina, a firm engaged in the production of anti-insect systems and premium sunscreens. Financial terms were not disclosed. "This operation is an important first step in accelerating the shared development path that we are structuring with Zanzar. The approach pursued sees, on the one hand, organic growth and, on the other, the consolidation of the sector as an important lever for the creation of long-term value," Alessandro Benetton, 21 Invest President and Founder.

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