Exel Composites Oyj is a Finnish technology company that designs, manufactures and markets composite profiles and tubes for industrial applications. Exel was founded in 1960 by Yrjö Aho. The name Exel came from a combination of the words explosive electronics, with the company initially producing electric blasting caps The company later moved onto production of sports equipment, with a focus on ski poles, before diversifying into a wider range of composite products. In 2019, Exel has production plants in Finland, Austria, Great Britain, Belgium, the USA and China. Wikipedia