Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed

Sto SE & Co. KGaA, based in Weizen, a district of Stühlingen in Baden-Württemberg, is a manufacturer of paints, plasters, varnishes and coating systems as well as thermal insulation composite systems. Other focal points are concrete repairs, floor coatings, acoustic and curtain wall systems. The company name is derived from the founding Stotmeister family.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed
Revenue(RF), mln.USD
45
Staff(RF), 2021
26
The Company Statement
December 04, 2023

Received revenues in Russia in 2021-2023. As of December 4, 2023, company has ceased all business activities with Russia. This termination was formally registered, notarized, and processed by the Federal authorities in full compliance with all legal requirements. 26.09.2023: Anastasia Olegovna Bogacheva becomes the new founder (participant) of the organization. 04.12.2023: PTS LLC becomes a founder (participant) of DEROK LLC.

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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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