# Sto SE invests in SkyRise Prefab Building Solutions

Sto SE & Co. KGaA, via a newly formed holding company Sto Panel Holding GmbH, made a significant equity investment in SkyRise Prefab Building Solutions, Inc., a Canadian prefabrication company. The investment aims to develop prefabrication activities for construction.

- Type: Investment
- Announced: 2019-05-10
- Where: Pickering, Ontario, Canada
- Status: announced
- Products: prefabricated building systems, exterior thermal insulation systems, coatings
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Sto SE & Co. KGaA](https://endata.com/companies/38947.md) (investor)
- [SkyRise Prefab Building Solutions](https://endata.com/companies/38948.md) (partner)

## Sources

- [stocorp.com](https://www.stocorp.com/press_releases/sto-corp-announces-parent-companys-equity-investment-in-skyrise-prefab-building-solutions-inc/), 2019-05-10: "We see SkyRise as an excellent partner to develop our future pre-fabrication activities as it pertains to the world-wide need for quality, speed and innovation in construction."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.