STIPE

Foundry

stipe

The Tunisian industrial power poles company (STIPE) is a foundry specialized in ferrous and non-ferrous alloy products, STIPE developed more than thirty products under different forms and sizes offering small series units intended essentially for Tunisian municipalities and public offices.

STIPE was created in 2005 by Mr. Aymen Khalfallah, a young Tunisian entrepreneur who grew in the foundry sector and the recycling of metals. He has a high entrepreneurial spirit and a great dynamism.

STIPE is located in El Hencha, Sfax governorate, made a revenue of 1.6 million of dinars and employs more than thirty of employees of the region.

With more than ten years of experience and a management quality; the company has set up an investment plan to increase the production capacity, enhance the finished products quality and the certification program implementation. The export market being the objective for the years to come.

COMPANY NAME

STIPE

Sector of activity

Foundry

Amount invested

722 000 USD

TAEF investement type

Acquisition of a minority stake in STIPE combined to a quasi-equity financing facility.