Exel Industries - EXE- Profile

Exel Industries. The Group's principal activity is to provide precision spraying equipment. The Group operates under two major segments, Vegetation spraying and Surface spraying. Under Vegetation spraying, the Group offers spraying equipment for large-scale crops, vineyards, fruit trees and tropical crops. Under Surface spraying, the Group offers spraying equipment for home furnishing, metal workings, plastics and transportation such as aircraft, trains and cars. The Group operates in Europe, USA, Latin America, Asia and Africa. In September 2005, the Group absorbed Agis and in July 2006, the Group acquired CMC. Vegetation Spraying accounted for 53% of fis 2006 revenues and Surface Spraying, 47%