Gold & Forex International expands its market presence in Belgium through the acquisition of Stevens & Cie and the opening of a new branch in Braine-l'Alleud, leveraging rising gold prices and growing investor interest.

Target Information

Gold & Forex International (GFI) is a Belgian brokerage firm specializing in the trading of precious metals and currencies. Established in 2005, the company has recently gained significant attention for its growth strategy, which includes the acquisition of competitors and the expansion of its physical presence through new locations. In 2024, GFI reported impressive revenues of €221 million, with an EBITDA of €2.5 million and a net profit of €1.9 million. This success is largely attributed to the rising demand for gold amidst recent price surges.

Under the leadership of CEO Sandro Ardizzone, GFI has positioned itself as a key player in the industry, distinguishing itself not just as a gold shop but as a comprehensive broker for both individual and professional clients. The firm emphasizes compliance and innovation, planning to introduce mobile applications and automated purchasing systems in the near future.

Industry Overview in Belgium

The gold market in Belgium is experiencing dynamic growth, largely driven by increased interest in precious metals among investors. According to recent reports, the price of gold saw an increase of over 30% in 2025