egeplast is now the 100‐percent owner of Extena.
Following its acquisition of a 75‐percent share in Extena in March 2020, egeplast is now the 100 percent owner of Extena AB.
The cooperation with egeplast has been first‐class from day one, and during our period of co‐ownership we have seen the potential of the business model. For Extena to be fully supported by, and hence fully owned by, an innovative pipe system manufacturer like egeplast will provide the best conditions for the next growth phase.
“Extena being a 100‐percent part of the egeplast Group allows for easier access to internal synergies and for a closer exchange between the companies,” says Dr. Ansgar Strumann, Shareholder and Managing Director of egeplast.
In the Nordic markets, Extena will continue to use the established “Extena” brand complemented by “part of egeplast Group” to indicate that these two well‐established brands have joined forces, which the market thus can expect to be reflected in their range of products and services.
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