https://www.genan.eu/
| Sector: | Environment & recycling |
|---|
| Entry year: | 2021 |
|---|
| Fund: | Maj Invest Equity 5 K/S |
|---|
| Ownership: | 51% |
|---|
| Other shareholders: | PKA, management and board of directors |
|---|
| CEO: | Poul Steen Rasmussen |
|---|
| Chairman: | Christian Jørgensen |
|---|
| Maj Invest contact: | Mads Andersen |
|---|
| Revenue: | DKK 365 million |
|---|
| EBITDA: | DKK 88 million |
|---|
| Employees: | 312 |
|---|
Business model
The environmental company Genan is the world's largest high-tech recycler of end-of-life tyres. Sustainability and circular economy are core values in the Genan group, and the company has a total of six recycling factories in four countries. With continuous production and technology optimisation, Genan aims to run all factories as environmentally friendly and energy-efficient as possible. The total production capacity exceeds 400,000 tons of tyres each year, and the end-of-life tyres are recycled into usable materials for many purposes, reducing carbon emission by 280,000 tons and thus contributing to solving a comprehensive, global environmental problem.
