Turnover: 33.5 million EUR (2023)

Country: France

  • S.T.I.F. is the leading French manufacturer
    of bulk handling components
  • Founded in 1984, S.T.I.F. has built a solid international reputation by exporting to over 60 countries:
  • Metal and plastic elevator buckets
  • Elevator straps
  • Safety equipment for elevators
  • Compression fittings for pneumatic conveying
  • Metal piping for gravity flow
  • Watertight round inspection doors
  • Pressure/vacuum safety valves for silos
  • Explosion protection equipment

News

Stif launches an IPO to expand in battery safety. 24/11/2023

  • Stif is a family business based in Maine-et-Loire, specializing in industrial sheet metal work
  • The company has 190 employees
  • Since 1984, it has specialized in the design and manufacture of components for bulk material handling.
  • In the early 2010s, it diversified into the production of industrial dust explosion protection devices
  • This sector accounts for 30% of the company's 31 million euros in sales
  • The company already exports 75% of its business to 80 countries
  • Plans to increase production capacity and expand markets in the USA and China
  • A million euro investment has been made in its Chinese plant to double its production capacity and its workforce of 25 employees
  • Stif plans to open a plant in Texas with 20 employees and an investment of 2 to 3 million euros in production equipment
  • Joint-venture plant planned in South Korea
  • Stif aims to generate 90% of its business internationally
  • The group expects the energy storage systems market to be its main source of revenue as early as next year
  • Stif aims to double its sales by 2025 and reach 80 million euros by 2027.

Angevin group Stif aims to raise €15 million on Euronext 02/05/2023

  • Stif plans IPO on Euronext Growth in July
  • The IPO should enable Stif to raise 15 million euros.
  • The Stif group employs 150 people, including 110 in France.
  • Stif's Vigilex brand accounts for 40% of the group's 32 million euros in sales.
  • Global energy storage capacity is set to rise from 75 gigawatts in 2022 to 410 gigawatts in 2030.
  • Stif plans to set up an office in South Korea and a subsidiary in Saudi Arabia.
  • Stif will expand its Chinese production site and create a new plant in the United States (San Antonio, Texas)
  • Stif targets sales of 80 million euros by 2027.