The Leading Journal for the Tyre Recycling Sector

The Leading Journal for the Tyre Recycling Sector

Maj Invest takes 51% of Genan

Maj Invest has secured a 51% share of Genan according to its most recent announcement.

Genan Has a New Owner

Danish-based tyre recycler Genan has a new owner, Maj Invest, a Danish investment firm. Maj Invest has taken a 51 per cent share of the firm from its previous majority shareholder PKA pensions fund. PKA acquired Genan after a fraud case left the company in a parlous state, and the pensions investors at risk of losing all their funds.

Now, PKA remains the minority owner of the firm.

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