Steliau Technology completes acquisition of Acal BFi
French electronics distributor Steliau Technology has completed its acquisition of the UK-based Acal BFi Group, which includes Impulse Embedded and Arcobel Embedded Solutions. The combined group will have revenue approaching EUR 1 billion.
Acal BFi supplies OEMs across Europe through specialist business units covering power supplies, magnetics, wireless connectivity, sensors, photonics, imaging and embedded computing, according to a press release from Steliau Technology. It has more than 150 field engineers and eight technology centres serving customers in industrial, medical, defence, transportation and other advanced technology markets.
Impulse Embedded adds industrial computing and system integration, and Arcobel Embedded Solutions brings industrial PCs, networking technology and customised embedded hardware.
With the larger portfolio, Steliau Technology aims to cover a bigger share of its customers' development programmes, where several technologies are needed in the same application.
“Together, we have a unique opportunity to build Europe’s leading platform for the value-added distribution of electronic solutions, while preserving the agility, passion and customer intimacy that have made both our companies successful,” says Pascal Reynoud, CEO of Steliau Technology.
The deal is part of an acquisition spree. Since private equity firm Astorg became a shareholder in 2024, Steliau Technology has completed 16 acquisitions, including Swedish Martinsson Elektronik earlier this year.
The purchase price has not been disclosed.
