# Schueco International KG acquires majority stake in Alufit International

Schueco International KG has agreed to acquire a majority stake in Indian facade fabricator Alufit, forming a joint venture called Alufit International Pvt. Ltd.

- Type: Acquisition
- Announced: 2021-09-08
- Where: India, India
- Status: announced
- Products: facade fabrication
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Schueco International KG](https://endata.com/companies/57608.md) (acquirer)
- [Alufit International](https://endata.com/companies/57609.md) (target)

## Sources

- [economictimes.indiatimes.com](https://economictimes.indiatimes.com/news/company/corporate-trends/schueco-international-kg-acquires-majority-stake-in-alufit-international/articleshow/86034732.cms?from=mdr), 2021-09-08: "Our joint venture with Alufit gives us a strong platform to scale our growth in India."

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