Schüco expands market presence in the US through Skyline partnership

06/20/2024 | Print view

From left to right: Philipp Neuhaus, Chief Financial Officer of Schüco; Steven Kraus, Majority Shareholder of Skyline Windows; Birgit Westphal, Transaction Advisor and Co-Owner of iBDC; Matthew Kraus, CEO of Skyline Windows; and Matthijs Bruijnse, Executive Vice President International Metal Division at Schüco, celebrate the official signing of the contract. - © Schüco International KG — © Schüco International KG

From left to right: Philipp Neuhaus, Chief Financial Officer of Schüco; Steven Kraus, Majority Shareholder of Skyline Windows; Birgit Westphal, Transaction Advisor and Co-Owner of iBDC; Matthew Kraus, CEO of Skyline Windows; and Matthijs Bruijnse, Executive Vice President International Metal Division at Schüco, celebrate the official signing of the contract.

Schüco has entered into a partnership with Skyline Windows, a leading company in the American window industry. With this partnership, the New York-based company becomes an exclusive distributor for Schüco.

By signing a minority stake agreement with the North American company, Schüco expands its distribution network and enhances its market influence in the USA. Together, the two companies aim to promote sustainable innovations in the construction industry.

"Our investment in Skyline underscores our commitment to expanding our presence in North America. Skyline's market position and expertise complement our advanced and sustainable technologies, paving the way for significant revenue growth and transformative developments in the US market," says Schüco CEO Andreas Engelhardt. Matthew Kraus, CEO of Skyline, adds: "The partnership with Schüco perfectly aligns with our vision of growth and excellence. We can enhance our service offering, expand our reach, and continue to lead the industry towards a more sustainable future."

Want to stay up to date on the latest developments of the glass, window and facade sector? Sign up now for our free weekly NEWSLETTER!

With this partnership, Skyline Windows becomes the exclusive distributor for Schüco products in North America and integrates the Bielefeld-based building envelope specialist’s system solutions into its project business. To utilize the expertise and experience with the Schüco product portfolio from the start, Skyline Windows and Schüco USA will henceforth combine their competencies.

Skyline Windows is a family-owned company that has shaped the architectural landscape of New York City for over 100 years. The company shifted from roofing to the window industry in the 1950s and has since been continuously managed by the Kraus family, currently under the leadership of Matthew Kraus, CEO in the fourth generation.

Also interesting: The US window market as seen by a German traveller

Known for its custom windows, window wall systems, and terrace doors, Skyline has contributed to iconic buildings and the preservation of landmarks throughout New York City. Skyline employs 350 people, with a headquarters for sales, engineering, and service, as well as two state-of-the-art production facilities with over 100,000 square meters of production space. The services cater to a variety of markets, including new construction, historic renovation, rehabilitation and repositioning, renovation of occupied homes, and private residences.