Astorg takes majority stake in Steliau Technology

FRANCE Industrial Equipment / Components / Electrical Equipment REV €150–250M

Context

Astorg has preempted the sale process of Steliau Technology to become its new majority shareholder, marking the company’s fourth LBO. Orchestrated by DDA & Cie, The transaction was financed via an unitranche debt structure, following the model of the previous LBO cycle. This strategic partnership is strictly engineered to accelerate Steliau's pan-European consolidation strategy, specifically targeting new entries into the German, UK, and Scandinavian markets to capitalize on the highly fragmented €3Bn European electronic distribution sector.

Steliau Technology, which reported an EBITDA margin of [members only] in 2023, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average observed in the Industry & Manufacturing sector (11.1x in 2024).

-> Deep-dive in Industry & Manufacturing market trends

Target

Steliau Technology is a leading pan-European distributor and integrator of specialized electronic components and solutions. The company acts as a value-added intermediary, providing technical expertise alongside product distribution. Over the last four years, the group has quintupled in size, expanding from a French SME into a European platform with operations in Italy (Special-Ind), Spain (Media Microcomputer), Belgium, and the Netherlands (Alcom Electronics). Its growth is driven by structural trends in connectivity, digitalization, and the electrification of transport.

Ent. Value

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2023

2022

Other operations with Steliau Technology

Other operations with Steliau Technology
Date	Acquirer	Target	Country	Sector
06/2026	STELIAU TECHNOLOGY	ACAL BFI GROUP	UNITED KINGDOM	Electronic Components

Other operations with Astorg

Other operations with Astorg
Date	Acquirer	Target	Country	Sector
04/2026	ASTORG	THERMO FISHER MICROBIOLOGY	UNITED STATES	Diagnostic Equipment
03/2026	ASTORG	BARKENE	FRANCE	Security & Guarding
04/2025	ASTORG	SOLABIA	FRANCE	Specialty Chemicals
11/2024	ASTORG	REDSLIM	SWITZERLAND	Data & AI Consulting
10/2024	ASTORG	LEBRONZE ALLOYS	FRANCE	Metallurgy / Foundry
07/2024	ASTORG	NORMEC	NETHERLANDS	TIC (Testing, Inspection, Certification)
07/2024	ASTORG	NEXPRING HEALTH EX HAMILTON THORNE	UNITED STATES	Medical Devices
06/2022	ASTORG	OPEN HEALTH	UNITED STATES	Healthcare Services
06/2022	ASTORG / GENERAL ATLANTIC	ECOVADIS	FRANCE	Industry-Specific Software
05/2022	ASTORG	CORDENPHARMA	SWITZERLAND	CDMO

Similar deals in Industrial Equipment

Similar deals in Industrial Equipment
Date	Acquirer	Target	Country	Sector
06/2024	AMBIENTA	BABCOCK WANSON	FRANCE	Boilers & Thermal Solutions
04/2024	TRITON PARTNERS	TRENCH GROUP	GERMANY	Electrical Equipment
03/2024	INGERSOLL RAND	ILC DOVER	UNITED STATES	Medical Consumables
02/2024	IK PARTNERS	EUROFEU	FRANCE	Safety & Security
01/2024	STANDARD BIOTOOLS	SOMALOGIC	UNITED STATES	Lab & Scientific Equipment
12/2023	ENPRO	ADVANCED MICRO INSTRUMENTS	UNITED STATES	Instrumentation & Measurement
11/2023	LIFCO	GREEN INSTRUMENTS	DENMARK	Instrumentation & Measurement
11/2023	PATELEC GROUP	PHOENIX ELECTRONIC SYSTEM	ITALY	Electrical Equipment
11/2023	ATS CORPORATION	AVIDITY SCIENCE	UNITED STATES	Lab & Scientific Equipment
11/2023	GEORG FISCHER	UPONOR	FINLAND	Valves, Pumps & Taps

REFERENCES

Revenue range: REV €150–250M

EBITDA range: €10–30M

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Steliau Technology by Astorg are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: steliau technology

Acquirer: astorg

FAQ

What transaction does this page cover?

This page covers the acquisition of a majority stake in Steliau Technology, a French company specialised in Components, by Astorg in 2024, structured as a leveraged buyout (LBO).

What were Steliau Technology’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Steliau Technology generated annual revenue estimated in the €150–250M range and EBITDA in the €10–30M bracket (FY 2023). Detailed financial figures are available to members.

How does the valuation of Steliau Technology compare to benchmarks in the Industry & Manufacturing sector?

Transaction multiples for this specific deal are exclusively reserved for mynth members. Nevertheless, transactions tracked by mynth in this sector reveal an average benchmark multiple of 11.1x EBITDA during 2024.

What sources support the information on this transaction?

Data on this transaction was compiled from the official corporate announcement published by the parties, combined with independent reporting from specialized financial and M&A publications.

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