Sto SE & Co KGaA - Company Profile
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Sto SE & Co KGaA (Sto) is involved in the development and supply of building facade systems, external wall insulation, and interior solutions. Its major products include facade elements, renders, plasters, paints, acoustic systems, floor coatings, and concrete restoration solutions. Notable brands associated with Sto include StoCretec, which offers specialized floor coating systems. Sto's products are utilized by architects, contractors, and building owners across various industries for applications in industrial facilities, public buildings, and residential projects. The company primarily distributes its products through direct distribution channels, targeting professional customers such as painters, plasterers, and building contractors. Sto operates a worldwide network of subsidiaries and facilities, serving markets in Western Europe, Northern/Eastern Europe, and the Americas and Asia-Pacific. Sto is headquartered in Stuhlingen, Baden-Wurttemberg, Germany.
Sto SE & Co KGaA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Primer | Consultancy and Advisory |
| Intermediate Plasters | Application-Oriented Services |
| Finishing Plasters | Technical Seminars and Field Trips |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2021 | Acquisitions/Mergers/Takeovers | In February, the company acquired remaining 50.2% stake in Jonas Farbenwerke, a manufacturer of chemical. |
| 2020 | Acquisitions/Mergers/Takeovers | In January, the company acquired a 50.1% stake in VIACOR Polymer GmbH. |
| 2019 | Acquisitions/Mergers/Takeovers | In August, the company acquired 100% stake in Unitex Australia Pty Ltd, a distributor of building products. |
Competitor Comparison
| Key Parameters | Sto SE & Co KGaA | Akzo Nobel NV | Pargesa SA | KCC Corp | Xella International GmbH |
|---|---|---|---|---|---|
| Headquarters | Germany | Netherlands | Switzerland | South Korea | Germany |
| City | Stuehlingen | Amsterdam | Geneva | Seoul | Duisburg |
| State/Province | Baden-Wurttemberg | - | Genf | Seoul | Nordrhein-Westfalen |
| No. of Employees | 5,599 | 31,500 | 15,815 | - | 4,501 |
| Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jost Bendel | Chief Technology Officer | Senior Management | 2024 | - |
| Michael Keller | Deputy Chief Executive Officer | Senior Management | 2024 | - |
| Peter Zurn | Chairman | Non Executive Board | 2022 | - |
| Desiree Konrad | Chief Financial Officer | Senior Management | - | - |
| Rainer Huttenberger | Chief Executive Officer - STO Management SE | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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