Grupo StH expands with its integration into H.I.G. Capital
The Spanish company has obtained an excellent operating performance in 2021, with a growth of 26.5% compared to the previous year
StH, Montcada i Reixac.
Grupo StH has been integrated into the structure of the H.I.G. Capital. The company's management is very enthusiastic about this integration, which will undoubtedly enable to capitalize on a major growth potential, marked by a new stage of both organic and inorganic growth, in domestic and international geographies. Moreover, this milestone is also accompanied by the excellent operating results for 2021, which show solid growth of + 26.5% compared to the figures of 2020.
The group's strategy will continue in the same direction, reinforcing the existing Grupo StH brands, and maintaining its current Headquarters in Montcada i Reixac (Barcelona - Spain), as well as the subsidiaries of Pinto (Madrid - Spain), Leigh (Greater Manchester - UK), Johannesburg, Port Elizabeth and Cape Town (South Africa) and Acharnes (Athens - Greece).
The Group has become a reference in the field of connection and control of water and gas, including the area of thermal efficiency, bathroom and kitchen mixer ranges for the residential segment; as well as in the sector of the Distribution Networks of water and gas and plumbing connections in the field of civil works. To accomplish this success, Grupo StH has currently a structure of more than 220 professionals with a consolidated turnover of € 90 million.