ESSENTIAL

Founded in 1989, Scrigno is a leader in the design, manufacturing and marketing of exclusive counter frames for disappearing sliding doors and windows, 100% Made in Italy. The company is based in Sant'Ermete, in the municipality of Santarcangelo di Romagna (Rimini), occupying a site of 50,000 sq.m. Its production facilities are located in Savignano sul Rubicone, only a few kilometres away, with a total covered surface area of 30,000 sq.m. With 300 employees, 450,000 counter frames manufactured every year and exported to over 30 countries, Scrigno boasted a turnover of about 87 million euro in 2019 - 50% of which recorded abroad - and is positioned as a solid group on the market, as well as a benchmark for its sector.Since 2003, it has operated in the heart of France, at Montceau-les-Mines, through Scrigno France, since 2009 in Barcelona through Scrigno España, since 2014 in Prague through Scrigno SRO and, since March 2019, in Frankfurt with Scrigno Deutschland. The Group also operates in the security sector, through its subsidiary Master, producing over 30,000 security doors per year in its production site located near Piacenza (Italy), which covers 20,000 sq.m., and in the sector of seals and accessories able to increase the technical performance of frames, thanks to the acquisition in October 2019 of 100% of CCE (Costruzioni Chiusure Ermetiche srl), a high-ranking Italian company.In June 2018 the company was acquired by the fund Clessidra Capital Partners 3, managed by Clessidra Private Equity. This operation allowed Scrigno to dispose of financial resources to develop a growth strategy aimed at expanding its business.The plan will be implemented under the guidance of PAI Partners, which acquired Scrigno in August 2021.