Nordstjernan invests in 21% stake in Exel Oyj

04 October 2000

The Swedish investment company Nordstjernan AB has invested SEK94m in a 21% stake in the Finnish composite products manufacturer Exel Oy, becoming Exel's largest shareholder. Exel manufactures composites based products for industry (GSM and UMTS base station antennas) and the sports sector (ski and walking poles, floor hockey sticks). It has 300 employees and annual sales of EUR42m

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