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Picanol Group

A diversified industrial group

Picanol Group is a diversified industrial group and it is active worldwide in mechanical engineering, agriculture, nutrition, water management, the efficient (re)use of natural resources, and other industrial markets with focus on water. Picanol Group realized a consolidated turnover of 2.2 billion EUR in 2020. Picanol Group has approximately 7,000 employees worldwide and it is listed on Euronext Brussels (PIC) via Picanol nv.

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Picanol Group is a diversified industrial group and it is active worldwide in mechanical engineering, agriculture, nutrition, water management, the efficient (re)use of natural resources, and other industrial markets. The group's products are used in a variety of applications in industrial and consumer markets.

Five business segments

Machines & Technologies

Machines & Technologies

The segment Machines & Technologies includes the activities Weaving Machines (Picanol), the foundry and mechanical finishing (Proferro) and the development and production of electronics (PsiControl).

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Agro

Agro

The Agro segment combines our activities in the production, trading and marketing of crop nutrients (liquid crop fertilizers and potassium sulfate fertilizers) and crop protection products.

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Bio-valorization

Bio-valorization

Our activities in animal by-product processing are combined in the Bio-valorization segment. This consists of PB Leiner (the production, trading and sales of gelatins & collagen peptides) and Akiolis (the rendering, trading, production and sales of proteins and fats).

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Industrial Solutions

Industrial Solutions

The Industrial Solutions segment includes products, systems and solutions for the handling, processing and treatment of water, including flocculation and depressants.

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T-Power

T-Power

The T-Power segment includes the combined cycle gas turbine (CCGT) with a 425 MW capacity in Tessenderlo (Belgium).

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  • Locations

    + 100 locations in more than 25 countries

  • Employees

    + 7,000 employees worldwide

  • Turnover

    2.2 billion EUR turnover realized in 2020

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Latest press releases

  • Picanol Group - Press releases

    Picanol Group: disclosure in accordance with the requirements of the transparency law

    Wednesday, October 6, 2021
    Picanol Group (Euronext: PIC) discloses information required under article 15, §1 of the Law of May 2, 2007, regarding the disclosure of important shareholdings in listed companies. Status as of October 1, 2021: Total outstanding capital: 21,720,000 EUR Total number of outstanding ordinary shares: 17,700,000 Total number of voting rights (the...

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  • Picanol Group - Press releases

    Consolidated results HY21

    Wednesday, September 1, 2021
    Strong recovery of global machinery market generates increased revenue in HY21, Tessenderlo Group in line with expectations.

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  • Picanol Group - Press releases

    Statement following press release Rieter Holding AG

    Friday, August 20, 2021
    In reference to the press release issued by Rieter Holding AG (SWX: RIEN) on Monday, August 16, 2021, Picanol Group (Picanol nv) would like to respond as follows:

    Press release

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