Exel Composites Oyj
TypeJulkinen osakeyhtiö
Nasdaq Helsinki: EXL1V
Founded1960 (1960)
FounderYrjö Aho
Headquarters
Mäntyharju
,
Finland
Area served
Worldwide
Key people
Riku Kytömäki (CEO)[1]
Products
  • Composite profiles and tubes
  • Sports equipment (defunct)
Revenue€103.8million (2019)[2]
€5.1million (2019)[2]
Number of employees
648 (2019)[2]
Websitewww.exelcomposites.com

Exel Composites Oyj (formerly known as Exel Oyj) is a Finnish technology company that designs, manufactures and markets composite profiles and tubes for industrial applications.[3] Exel was founded in 1960 by Yrjö Aho.[4]

The name Exel came from a combination of the words explosive electronics,[4] with the company initially producing electric blasting caps [4] The company later moved onto production of sports equipment, with a focus on ski poles, before diversifying into a wider range of composite products.[3][5]

References

  1. ↑ "Members of the Group Management Team". Exel Composites. Retrieved May 28, 2012.
  2. 1 2 3 "Annual Report 2019" (PDF).
  3. 1 2 "About Exel Composites". Exel Composites. Retrieved May 28, 2012.
  4. 1 2 3 Tiainen, Olli-Pekka (January 5, 2001). "Räjähteistä ratakiskoihin". Taloussanomat (in Finnish). Sanoma News. Retrieved May 28, 2012.
  5. ↑ Mikkonen, Antti (February 20, 2002). "Exel-samppaa Utahissa". Talouselämä (in Finnish). Talentum. Retrieved May 28, 2012.


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