Steliau Technology, leading Pan European Electronic Solution Provider, significantly broadens its Italian operations once again with the acquisition of the company ADELSY Advance Electronic System based in Bologna.
This acquisition adds an important strategic pillar and is fully consistent with Steliau Technology’s strategic plan to expand throughout Europe. With the acquisition of ADELSY, Steliau, which closed 2023 with nearly €200m in sales, adds an additional €11m in revenue.
The rationale for the acquisition stands in the strong Value-Added product range complementarity solutions: ADELSY is a leading player in Display & HMI, Embedded systems, Industrial computers and Power supplies. This investment in local expertise and know-how confirms Steliau’s ambition to stand out from global approaches by promoting responsiveness and agility.
ADELSY is set to remain independent for the coming months, nevertheless, the Group intends to boost synergies within all its subsidies, both at the Italian and Group levels. These include the recent acquisition of Steliau Technology Italy (formerly Special Ind and Interdipros) and Welt, acquired in May this year.
