Sheffield Green completes acquisition of Stier Training Services (STS) business in Las Palmas de Gran Canaria, Spain, for EUR1.35 million ($1.98 million) under an asset purchase agreement.
STS was specifically incorporated as a wholly-owned subsidiary of Wind Asia Training (WATPL), a wholly-owned subsidiary of Sheffield. It was incorporated to manage Sheffield’s Spanish operations and oversee assets acquired through this acquisition.
STS purchased a training centre business from Grupo Stier XXI, SLU on April 15, 2025. STS specialises in delivering international certifications essential for professionals working in the oil and gas, wind, renewable energy and maritime industries.
The facility holds valuable accreditations from the Offshore Petroleum Industry Training Organisation (OPITO) and the Global Wind Organisation (GWO).
As part of the acquisition, Sheffield Green has secured key commercial contracts, including training services for the Canary Islands Government's Forest Fire Intervention and Reinforcement Teams, and maritime vocational training for Spain's Naval Social Institute. The deal also includes the transfer of approximately 13 existing employees from the training centre.
Sheffield says that the acquisition strengthens its European foothold. The company opened a new training centre in Taiwan in October 2024, and entered into a JV with a Malaysian training facility in February. It is evaluating potential acquisitions in the UK training sector.
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Sheffield is a human resources provider for the renewable energy industry with a presence in Singapore, Japan, Poland, South Korea and a branch office in Taiwan.
Shares in Sheffield Green closed flat at 17.8 cents on June 10.
