News
Schueco acquires majority stake in Alufit International
Schueco International KG, a leading company in building envelopes worldwide, with global expertise in windows, doors and façades, has signed a definitive agreement to acquire a majority stake in façade fabricator Alufit.
The joint venture, Alufit International Pvt. Ltd, will accelerate Schueco’s focus on pursuing large commercial and infrastructure facade projects in India, said a press release. It will witness the coming together of one of the world’s leading aluminium systems specialists and India’s largest aluminium façade fabricator, added the release.
Pankaj Keswani will be the Managing Director of the new JV, it said.
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