05.10.19
Sto Corp. announced that its parent company, Sto SE & Co. KGaA, via a newly formed holding company ‘Sto Panel Holding GmbH’, will make a significant equity investment in SkyRise Prefab Building Solutions, Inc. (Pickering, ON, Canada).
“We see SkyRise as an excellent partner to develop our future pre-fabrication activities as it pertains to the worldwide need for quality, speed and innovation in construction," said Rainer Huttenberger, spokesman for the Sto Executive Board. "We believe this investment allows SkyRise to focus on growth, and Sto to deliver superior value in products, process and innovation.”
SkyRise will continue to focus its efforts in the Canadian market alongside their continued participation within the Sto Panel Affiliate network.
