Adam Finkenscher began production of vinyl window profiles in 1956. This showed good foresight as in those days timber was the main raw material while PVC is preferred today. Innovation remained a core strength of the firm: advanced thermal insulation properties, stability and high colour resilience achieved by acrylic glass coatings are competitive advantages for GEALAN products – making GEALAN popular with window manufacturers, the most important customer group.
In 2002, Halder acquired 95% of the shares via an MBO and supported expansion into Eastern European markets by implementing an experienced supervisory board. By the end of 2004, GEALAN had increased turnover by more than 50% and Halder sold its interest to AXA Private Equity (now Ardian) who maintained the company’s growth strategy.
Halder acquired a majority holding in 2011 for the second time. Since then, GEALAN has offered more innovative quality products and expanded its sales organization. In a difficult economic environment, the company has performed well relative to market developments as new business grew, resulting in stable sales revenues and good profitability. By joining VEKA Group, a family-owned enterprise and an international industry leader, GEALAN will be in a stronger position to access future market potential.