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Expert in
explosion

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STIF, the explosion protection specialist

Founded in 1984, the STIF Group is a French industrial player specializing in the design, manufacturing and marketing of innovative industrial equipment intended for niche markets. Historically positioned in handling equipment for bulk products, such as elevator buckets, elevator straps and compression fittings, the family group has diversified over the last ten years by developing in the field of protection passive against the risks of industrial dust explosions, and since 2022 in the activity of protection against the risks of explosion of battery energy storage systems (BESS). With 189 employees, internationally referenced and recognized product ranges, 3 factories spread between France and Asia, and soon in the USA, the Group intends to take a leading position in this sector directly linked to the market. exponential growth of renewable energies.

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A word from the President

“After 40 years of existence, STIF is today beginning a new cycle of strong growth with its new range of products dedicated to protection against explosions of BESS [1] , for the storage of renewable energies. The number of installations is expected to grow exponentially in the coming years, with capacities increasing fivefold by 2030 [2] . With internationally recognized expertise in the manufacturing of anti-explosion dust panels, the Group intends to establish itself sustainably in this related market. Several references to leading BESS manufacturers have already been obtained. They will contribute to the growth of our turnover with the ambition of reaching €80 million by 2027. We have strong ambitions and are very happy to solicit the stock markets to support the strong development of our group. 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 world expert in protection against explosions in industrial environments and in renewable energies. »

[1] BESS: Battery Energy Storage System

[2] Source: McKinsey – August 2023

Jose Burgos

Chairman and CEO of STIF

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STIF,

leading French manufacturer of components for handling bulk products.

A family adventure that began almost 40 years ago

Jose Burgos

Chairman and CEO

  • For 25 years in the Group
  • Commercial and operational management
  • International development and product/market diversification

Manuel Burgos

Founder, Deputy Managing Director

  • Strategic vision
  • Technical expertise
  • Supervision of investments & product innovation
  • French industrial and family SME created in 1984

• 189 people
• 100% family

  • 2022 turnover: €31 million including 75% Export
  • 2027 turnover ambition: €80 million
  • 2022 EBITDA: 11%
  • Always profitable financially
  • A modern, robotic production tool distributed between Europe and Asia

• Own products & niche markets
• Large series production

  • Global co-leader

• Products referenced and marketed in more than 80 countries
• New exponential market in renewable energies ( Battery Energy Storage System )

STIF around the world

  • Products marketed in more than 80 countries
  • A commercial organization promoting customer proximity
  • A commercial network made up of 30 partner distributors

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

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

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