MIE5 Holding 10 ApS

The activity of MIE5 Holding 10 ApS Group is ownership of Genan Group which main activity is production and sale of rubber powder, granulates and pellets manufactured through the recycling of tyres and activities closely connected hereto. ​ ​Group structure as per 31 December 2025: ​​​On 14. October 2021, Maj Invest Equity 5 K/S via MIE5 Holding 10 ApS acquired the majority of shares from PKA (or more precisely: from the pension funds administered by PKA). Genan Group is thus ultimately owned by Maj Invest Equity 5 K/S as majority shareholder and pension funds administered by PKA as minority shareholders. ​ ​The Group operates six tyre recycling plants around the globe: one in Denmark, three in Germany, one in Portugal and one in the USA. In total, the Group employs approx. 330 employees worldwide. Total production capacity is more than 400,000 tonnes of end-of-life tyres (ELT), equivalent to a maximum output of approx. 295,000 tonnes of rubber products, 60,000 tonnes of steel and 45,000 tonnes of textile fibres.