Maj bank Image empty

Genan

Leading global recycler of end-of-life tyres and an undisputed market leader in Europe with a long track within ESG and the circular economy.
They transform ELTs into rubber granulate, steel, and textile, catering to diverse applications across three primary segments: infill, baselayer, and OEM.

Investment Rationale

Premier asset in the industry. Genan and the ELT industry facing significant growth. The company boasts a robust business model with diversified customer, product, and geographic reach.

Headquarters: Viborg

Website: https://www.genan.dk/

Responsible partner: Mads Andersen

Fund: MIE 5

 

Annual report: Annual report 2023

 

Year of investment

2021

Maj bank Image empty