The Company - STIF Investisseurs

Expert in explosion protection

STIF, the explosion protection specialist

Founded in 1984, the STIF Group is a French industrial player specializing in the design, manufacture and marketing of innovative industrial equipment for niche markets. Historically positioned in handling equipment for bulk products, such as elevator buckets, elevator straps and compression fittings, the family-owned Group has diversified over the last ten years by expanding into the field of passive protection against the risks of industrial dust explosions, and since 2022 into the business of protection against the risks of explosion of battery energy storage systems (BESS). With 189 employees, internationally recognized product ranges and 3 factories in France and Asia, and soon in the USA, the Group aims to become a leader in this sector, which is directly linked to the exponential market for renewable energies.

A word from the Chairman

"After 40 years in business, STIF is now entering a new cycle of strong growth with its new range of products dedicated to BESS^[1] explosion protection for renewable energy storage. The number of installations is set to grow exponentially over the next few years, with capacity increasing 5-fold by 2030^[2]. With its internationally recognized expertise in the manufacture of dust explosion-proof panels, the Group intends to gain a lasting foothold in this related market. We have already secured several references from leading BESS manufacturers. They will contribute to our sales growth, with the ambition of reaching €80 million by 2027. We have high ambitions and are delighted to be able to call on the stock markets to support our Group's strong growth. I hope that our project will attract your attention and that we will be able to count you among our future shareholders, for the emergence of a global expert in industrial explosion protection and renewable energies."

[1] BESS: Battery Energy Storage System

[2] Source: McKinsey - August 2023

José Burgos

Chairman and Chief Executive Officer, STIF

STIF,

France's leading manufacturer of bulk handling components.

A family adventure that began almost 40 years ago

José Burgos

Chairman and Chief Executive Officer

Manuel Burgos

Founder, Chief Operating Officer

- 189 people
- 100% family capital

- Own products & niche markets
- Mass production

- Products listed and sold in over 80 countries
- New exponential market in renewable energies(Battery Energy Storage System)

STIF worldwide

The Battery Energy Storage system (BESS): a new, exponentially growing market

A Battery Energy Storage System (BESS) is a technology that uses rechargeable batteries to store intermittent electricity generated by solar or wind farms and release it as and when required. BESS plays a key role in the storage of electricity generated by renewable energies such as solar and wind power. BESS also enables better management of electricity grids, particularly in the context of renewable energy integration, grid stabilization and demand management. BESS can store surplus electricity generated during periods of low demand or high renewable energy production. Later, during periods of high demand or low availability of renewable energies, the stored energy can be discharged into the grid to help meet electricity demand or to stabilize the power supply.

BESS can be subject to thermal runaway, leading to explosion and fire. STIF's explosion protection equipment, under the Vigilex Energy brand, helps prevent the spread of explosion and fire.