Steros GPA Innovative ranks 76th in the Financial TimesFT 1000 Europe’s Fastest Growing Companies
For the fourth consecutive year, the Financial Times, in conjunction with the research company Statista, has compiled the annual FT 1000 ranking of the most innovative and fastest growing companies in Europe between 2015 and 2018.
The Absolute Growth between 2015 and 2018 of Steros GPA Innovative (Dlyte) was 1,611.1%, and the Compound Annual Growth (CAGR) was 157.7%, going from € 250,000 of revenue in 2015 to € 4.24M in 2018. The company was founded in 2013 and had 22 employees in 2018.
The Catalan company Steros Innovative GPA (Dlyte) is placed in number 76 in the overall ranking, is number four among industrial goods companies and the 6th Spanish company out of a total of 69. It growth rate of 157.7% exceeds by far the minimum growth rate of 38.4% demanded.
A total of 90 companies have been ranked for three consecutive years. Technology is dominating again with 189 industry participants.
Most companies come from Germany, followed by Italy, the United Kingdom and France, which account for 70% of the ranking. The city with the highest leadership continues to be London with the largest number of fast-growing companies, followed by Paris and Milan. Warsaw and Vilnius obtain the first place for the first time.
GPAINNOVA is located in Barcelona and was established with the aim to provide solutions in the field of product design and development for industrial applications. It is an advanced technology firm specialized in the design and development of machinery for the finishing of metallic surfaces.
DLyte has revolutionized the market with a new polishing concept. It is the only automated system that improves the results of a manual polishing. DLyte is a technological solution that simplifies and standardizes the postprocessing of metal parts, improving the finishing results obtained with traditional polishing systems.
The innovation of DLyte is very disruptive for the metal sector, since it involves the automation of many finishing processes of metals, which have mostly been manual due to the difficulty to be automated without reducing the final quality of the product.
The patented technology used by DLyte has been awarded with the TCT Post-Processing Award 2018, as the best post-process for 3D metal printing.
During 2019 GPAINNOVA has opened a branch in
- Hong Kong for the Asian market > GPAINNOVA ASIA
- Shenzhen by Chinese market > GPAINNOVA SHENZHEN
In 2018 it opened a branch in
- Florida > GPAINNOVA AMERICA.
It is present in all five continents and has a distributor network in more than 20 countries.
Pau Sarsanedas Millet
Founder & CEO of GPA Innova since 2013 and from DryLyte, s.l. since 2016. Graduate Mechanical Engineer by the University of Girona.
More information can be found at Financial times
A complete report with case studies and analyzes of the FT 1000 Europe 2020 will be published on March 23.