Last deal

$23.5M
Local Amount - EUR 21.8M

Amount

Post-IPO Equity

Stage

13.06.2024

Date

1

all rounds

$23.5M

Total amount

General

About Company
Exel Composites designs and manufactures composite profiles and tubes for industrial applications.

Industry

Sector :

Subsector :

Also Known As

Exel

founded date

01.01.1960

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

Exel Composites is the world's largest manufacturer of pultruded and pull-wound composite solutions, with over 60 years of composites experience and engineering expertise. The company works closely with customers to design and manufacture high-quality composite solutions using carbon fiber, fiberglass, and other high-performance materials. Exel Composites' composites help reduce weight, improve performance, decrease total life cycle costs, increase energy efficiencies, and support environmental sustainability. The company employs approximately 650 innovative and customer-focused employees globally and is listed on the Nasdaq Helsinki exchange.
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