STIF considers acquiring StuvEx to strengthen its European position

STIF, a specialist in passive explosion protection, announces its offer to acquire StuvEx, a leader in active protection. This initiative aims to expand the group's product range, strengthening its position as European co-leader in this field. With a commercial presence in Belgium, France, and the United Kingdom, StuvEx generated revenue of €13 million in 2024. The transaction would be financed primarily through bank debt.

José Burgos, CEO of STIF, emphasizes the importance of joining forces between the two entities to offer a comprehensive and innovative offering in industrial risk protection. The integration of StuvEx would also bring a service and maintenance business, thus expanding revenue and international growth prospects, particularly in the North American and Asian markets. This project is part of STIF's long-term strategy, aimed at increasing its independence and recurring revenue.