New majority shareholder of environmental company Genan, the largest tire recycling company in the world, is Maj Invest Equity 5 K/S. Sole owner of Genan since 2014, PKA has made an agreement with Maj Invest Equity for the latter to take over 51% of shares. PKA continues to co-own as minority shareholder.
Read the press release here.
Published September 2021 by Poul Steen Rasmussen, CEO
It cannot come as a surprise to anyone that we must continuously get better at reusing the resources we already have – now as well as in the future. Over time, it has become common knowledge that the consumption of the 21st-century population is putting an immense pressure on our planet, our climate and our environment – and in the long run, this cannot last. We must make the most eco-friendly choices, we must recycle more, we must secure the future for the generations to come.
But if there are no precise rules to play by, navigating in the green universe can prove difficult for many companies; and the fear of losing large investments on this account can be terrifying for even the biggest players the in the market.
Genan will be exhibiting at stand no. C13/B12 in Hall 10.1 during the FSB in Cologne from 26 to 29 October 2021.
Please stop by our stand and see our products.
Does it add value that your products primarily consist of recycled materials?
Read this article to learn how much sustainability matters to our innovative customer Scan Underlay.
Genan will be exhibiting at stand no. Ar E208 in the Sheikh Saeed Arena during The Big5 in Dubai, from September 12 to 15, 2021.
Please stop by our stand and check out our new, colorful GENAN COATED TOP LAYER – and the revolutionary GENAN SAFE rubber pellets providing excellent HIC values for playground base layers!
International environmental company Genan was in 2020 less impacted by the Corona crisis than expected. Turnover dropped marginally by 6% to EUR 49m, while EBITDA decreased by 2% to just under EUR 12m. Nevertheless, thanks to significantly increasing market focus on sustainability, the Genan group is generally performing well – and now adding a resource in sales and marketing.
We are pleased to introduce Thomas Ballegaard as new Group CCO at Genan.
Thomas will join the Genan team on Monday, March 1, 2021, taking on the overall responsibility for European Sales as well as for global marketing and product management.
Having worked as CCO for STARCO for 4 years from 2015 to 2019, Thomas has direct experience in the tire business – as well as with the responsibilities that come with the title as Chief Commercial Officer.
We thus look very much forward to welcoming Thomas as part of the Genan team – and to benefiting from his expertise and enthusiasm.
Vulkan, an innovative, German start-up, has entered the German market with a brand new product: a sandal with a sole made of 100% GENAN recycled rubber granulate from end-of-life tires – and a thin top sole made from recycled polyester as footbed. – A visionary sustainability initiative and an innovative application where the excellent properties of ELT rubber are put to good use.
“In the Corona period I built a sandal out of a tire granulate mat myself. I was impressed by the properties of the tires. The material is flexible, durable and recycled. First I built the sandals for friends and family. Since then, I started selling the sandals and now I’m sold out every month,” Founder of Vulkan David Bredt explains and continues:
“In addition to new models of sandals, I have just launched a shirt made from recycled plastics. And all for affordable prices so that products that are good for our planet can also be used.”
Visit the Vulkan websiteHERE
As of 1 May 2020, the name of our Portuguese company – formerly known as Biosafe – is Genan, S.A.
In this connection, we have launched a new, Portuguese version of our website.
The layout of all Portuguese documentation will of course be changed to match the brand expression of the Genan group; yet customers and suppliers will find the same familiar and helpful faces at our Portuguese office address. Phone numbers and bank details also remain the same.
Our Portuguese team looks forward to providing the same excellent service and high product quality as always – under the name of Genan.
2019 was a good year for the Genan Group, and the annual report shows progress on all parameters. Turnover has improved by 14% to record high EUR 52m, and the result for the year has increased to more than EUR 6.1m.
