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You are here: Home1 / Genan

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Genan appoints new application development manager

Career Tracks, International News
Genan

Genan has appointed Michael Christensen as its new application development manager. Christensen lives in Denmark and has more than 40 years of experience in tyre and rubber recycling. Effective 1 February 2023, Christensen will act as the link between sales, marketing and innovation in Genan.

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Related news:

  1. New majority shareholder: Maj Invest Equity takes 51% in Genan Holding
  2. Conica: John Bramwell retires, Mike Hill appointed head of operations
  3. Eldan & Pyrum intensify tyre recycling, pyrolysis collaboration
  4. New Northern European Zone Means Promotions for Bridgestone UK Executives
15th February 2023/by Chris

New Genan key account manager for Central Europe

Career Tracks

Genan, supplier of high-performance rubber infill for artificial turf pitches and granulate for shock-absorbing surfacing, has expanded its sales team. As of 1 January 2023, Eduard Vogt is key account manager for the Central Europe region.

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  1. Nokian names new MD for 5 European markets
  2. Goodyear appoints Sindermann sales general manager DACH
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16th January 2023/by Stephen

New majority shareholder: Maj Invest Equity takes 51% in Genan Holding

Company News, International News

End-of-life tyre recycling firm Genan has a new majority shareholder after PKA, sole owner of Genan since 2014, agreed to sell 51 per cent of its shares in the company to Maj Invest Equity 5 K/S, a fund overseen by one of Denmark’s leading asset management companies. PKA continues to co-own Genan as minority shareholder.

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Related news:

  1. PKA buys out Genan founder – but has it been duped?
  2. Agreement on Genan’s future now in place
  3. Genan loss may be more than £100 million
  4. Andritz opens recycling test and research centre in Austria
29th November 2021/by Stephen

Genan appoints Thomas Ballegaard CCO

Career Tracks

Thomas Ballegaard has returned to a business closely linked to the tyre industry. Just over a year after parting ways with STARCO, he has taken on the role of chief commercial officer at end-of-life tyre recycling specialist Genan. He joined the Genan team on 1 March, taking overall responsibility for European Sales as well as for global marketing and product management.

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  2. Conica: John Bramwell retires, Mike Hill appointed head of operations
  3. Mark Berry joins Powerhouse board as non-executive director
  4. Agreement on Genan’s future now in place
19th April 2021/by Stephen

Genan acquires BioSafe tyre recycling plant

Company News

Denmark-based end of life tyre recycler Genan Holding and Portuguese transport and construction equipment solutions provider Nors have signed a definite agreement for Genan to acquire Nors’ subsidiary, BioSafe – Indústria de Reciclagens, S.A., operator of Portugal’s largest tyre recycling plant. The transaction is expected to close at the end of this month, adding a sixth tyre recycling plant to Genan’s global footprint.

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Related news:

  1. PKA buys out Genan founder – but has it been duped?
  2. Pyrolysis technology: Michelin partnering with Enviro
  3. Agreement on Genan’s future now in place
  4. Bengal Machine buys Columbus McKinnon
3rd April 2019/by Stephen

Agreement on Genan’s future now in place

Company News, Premium

Danish pension fund PKA, accountancy firm Deloitte and a group of four bank lenders have signed an agreement to secure the future of tyre recycling company Genan. This agreement aims to safeguard jobs and ensure Genan’s continued existence. At the same time, a new chairman of the Genan Board of Directors has been instated.

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Related news:

  1. PKA buys out Genan founder – but has it been duped?
  2. TREC: Michelin partners to extract alcohol and rubber from used tyres
  3. Total UK ban: NTDA chief executive hardens stance on part-worn tyres
  4. China recycling plant and joint venture: Enviro signs MoUs with Vanlead Group
25th February 2015/by Tyrepress Editors

Genan loss may be more than £100 million

International News

The losses Danish pension fund administrator PKA has incurred through its investment in recycler Genan may be even higher than previously thought. On 29 August, the Jyllands-Posten (Jutland Post) shared new evidence that indicates PKA’s losses to be Kr 1 billion (£106.2 million), rather than the Kr 830 million that PKA had calculated. If this new figure accurately reflects the loss PKA has incurred due to its involvement in the tyre rubber recycler, then it represents a loss of Kr 3,800 (£403) for each of the pension fund administrator’s 260,000 members.

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Related news:

  1. PKA buys out Genan founder – but has it been duped?
  2. Agreement on Genan’s future now in place
  3. Denmark shows higher speed limits are safer
  4. JiangXi Black Cat inaugurates a further carbon black plant
1st September 2014/by Tyrepress Editors

PKA buys out Genan founder – but has it been duped?

Company News

Bent Nielsen is no longer a shareholder in the tyre recycling company he set up after Denmark’s PKA (Pensionskassernes Administration A/S) acquired his 52 per cent stake in Genan yesterday; with this added to its existing 48 per cent share, Genan is now firmly in the pension fund administrator’s hands – but today PKA allegedly claimed that both Genan and Nielsen have duped it over a number of years.

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Related news:

  1. Agreement on Genan’s future now in place
  2. Genan acquires BioSafe tyre recycling plant
  3. Genan loss may be more than £100 million
  4. Pyrolysis technology: Michelin partnering with Enviro
15th August 2014/by Tyrepress Editors

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