DDA & Company advises Steliau Technology on its dual acquisitions in Belgium and the Netherlands

Paris, June 15, 2023,

Boasting a strong presence in France, Italy, and Spain, with 4 acquisitions made since 2017, Steliau Technology Group is pursuing its Europeanization strategy in the value-added distribution market for electronic solutions by acquiring Alcom Electronics Group, which operates in Belgium and the Netherlands. These acquisitions strengthen the Group’s presence in Northern Europe and in the DACH region.

Founded in 1980, Alcom Electronics is a Group specialized in the value-added distribution of electronics solutions. The product offering mainly encompasses the following: Component Solutions, Embedded Systems, Display & Touch, Wireless & Industrial networking and Power.

The Group holds a leading position in its geographies and serves customers in a wide range of industry sectors.

Alcom Electronics is expected to generate €38 million in sales in 2023 and employs around 50 people allocated between the two operating companies. The management team remains fully operational.

Boosted by very robust underlying markets, Steliau Technology Group aims to continue its strong growth both in France and internationally and expects to achieve pro-forma consolidated sales of approximately €200 million in 2023.

« This acquisition expands Steliau’s geographical footprint as well as a the achievement of a critical size on a European scale. Furthermore, Alcom has a strong semiconductor expertise and a high-quality customer base with well-known SMEs.

Once again, we carried out this operation with our advisor DDA&Co, who has been working alongside us for almost 10 years. The team is fully involved from the beginning to the end and is an integral part of our Group » explains Pascal Reynoud, Chairman of Steliau Technology Group

Luc Spiessens & Marcel Den Bak, Managing Directors of respectively Alcom Electronics Belgium and Netherlands, add: « We are thrilled that Alcom Electronics is joining Steliau Technology group, whose recognized know-how in integration and assembly should enable us to generate valuable offering synergies. »

Bertrand Tissot, Partner at B & Capital, comments: « We are pleased to support the management team in completing this latest build-up operation, which will enable Steliau Technology to break through the €200 million sales barrier and penetrate Northern European countries. »

Alain Sitbon, Partner at DDA & Company concludes « We are delighted with this dual acquisitions, which complete the pan-European network. Following the acquisitions of Astone Technology, Special. Ind, MMC and Interdipros, as well as 2 LBOs, this is the seventh and eighth transaction we have advised for Steliau Technology, confirming our model of supporting our customers’ development over the long term. Congratulations to the entire Steliau team on this outstanding result, and welcome to the Alcom teams as they embark on this new chapter. »

The DDA & Company team, comprising Alain Sitbon, Axel Marti-Flich, and Florian Charrière, advised the Steliau Group on this acquisition.

About Steliau Technology

Founded in the 1990s, STELIAU Technology Group is a value-added distributor and supplier of electronic solutions in the European electronics market, specializing mainly in the following activities: Human-Machine Interfaces, Display, Connectivity (IoT, M2M, Positioning), Mechatronics, Embedded Systems, OEM/ODM, Heat dissipation solutions, Energy conversion, etc.
The Group boasts an established reputation in its market and long-standing relationships with its customers. Its suppliers/partners are global players, often leaders in their market segments, all offering top-quality products that combine durability and performance. Its experienced sales teams enable the Group to be assimilated into the sales force of the manufacturers it represents in Europe. STELIAU Technology Group combines its territorial expansion in Europe with its commitment to local service, personalized support, and regional integration sites.
With +350 suppliers represented, STELIAU Technology offers a wide range of products and specific solutions to more than +2,000 customers in various industries such as Industrial applications, Consumer & Home Appliances, E-Mobility & Green Energy, Automotive, Space / Aero, Medical, Transport, etc.
Since 2016, the Group has embarked on an external growth strategy and made several significant acquisitions in Europe, enabling it to become one of the leaders in integrated electronic solutions.

About Alcom Electronics

Founded in 1980 and based in Belgium (near Brussels) and the Netherlands (near Rotterdam), Alcom Electronics is a Group specialized in the value-added distribution of electronics solutions. The product offering mainly encompasses: Component Solutions, Embedded Systems, Display & Touch, Wireless & Industrial networking and Power.

The Group holds a leading position in its geographies and serves customers in a wide range of industry sectors.

Alcom Electronics is expected to generate €38 million in sales in 2023 and employs around 50 people allocated between the two operating companies. The management team remains fully operational.

In addition to its product range, Alcom Electronics offers its customers value-added services such as customized design with the help of in-house engineering resources, and personalized supply chain services (the group has 2 warehouses of + 680 m2).