Exel Composites

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]

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

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. "Annual Report 2019" (PDF).
  3. "About Exel Composites". Exel Composites. Retrieved May 28, 2012.
  4. 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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