Genan has bought its Portuguese competitor Biosafe, which, like Genan, recovers worn-out tyres. The price is unclear, but Biosafe has an annual capacity of 25,000 tyres against Genan‘s 375,000 tyre capacity.
Genan adds Portuguese Biosafe to its Growing Operation
With the acquisition, Genan now operates six recycling plants worldwide.
“With a production unit in Southern Europe, we will increase our total production capacity, and we will also increase our competitiveness both locally and in various export markets, as freight costs for many customers are a crucial parameter,R...
Genan adds Portuguese Biosafe to its Growing Operation
With the acquisition, Genan now operates six recycling plants worldwide.
“With a production unit in Southern Europe, we will increase our total production capacity, and we will also increase our competitiveness both locally and in various export markets, as freight costs for many customers are a crucial parameter,R...
