Steni UK, part of the leading Norwegian façade panel company, has new owners. The investment fund Accent Equity 2012 has acquired, together with Steni’s management, 100% of the shares from the company’s previous owners. Steni’s current ceo Tom Rønning and the new chairman Olav Kjell Holtan are investing in parallel with the Accent fund. <br><br>Steni’s turnover in 2013 is expected to amount to approximately NOK 300million. The company employs some 120 people and has subsidiaries in the Nordics, Netherlands and UK (near Wrexham in North Wales) and distributors elsewhere in Europe, the USA and Canada. The products (façade and interior panels) are manufactured from a fibreglass reinforced polymer composite with various surfaces depending on design and appearance. <br><br>The material is environmentally friendly since it is chemically neutral and can be recycled, Steni says. The products are resistant to impact, water and UV, and have the best warranty on the market, the company claims.<br><br><a href="http://www.steni.com">www.steni.com</a>