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Picanol Group

A diversified industrial group

Picanol Group (part of Tessenderlo Group, Euronext: TESB) is composed of four branded entities: Picanol (weaving machines), Proferro (foundry and mechanical finishing), Psicontrol (development and production of electronics) and Melotte (3D metal printing & high precision manufacturing).

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Four branded entities

Picanol

Picanol

Picanol develops, manufactures and sells high-tech weaving machines based on airjet and rapier technology and offers digital services for its weaving machines, as well as weaving frames and reeds, upgrade kits, spare parts, training and troubleshooting services.

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Proferro

Proferro

Proferro has more than 85 years of experience in co-engineering, castings, machining and testing of mechanical components. Proferro supplies cast iron parts to original equipment manufacturers in various market segments worldwide such as agricultural machinery, compressors, textile machinery and general engineering.

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Psicontrol

Psicontrol

Psicontrol offers custom solutions engineered around real-time controllers, power electronics and electronically-controlled motors. Psicontrol develops and produces solutions, including software, HMI, electronics, mechanics and actuators for customers in various industries such as textile machinery, compressors and fleet management.

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Melotte

Melotte

Melotte develops and manufactures innovative product solutions with Direct Digital Manufacturing (DDM) and Near-to-Net-Shape Manufacturing (NNSM) technologies.

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Work at a place where dynamic, committed teams enjoy working together to achieve top-quality production.

 

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Latest news items

  • Picanol Group - Press releases

    Update transaction: Tessenderlo Group acquires control of 100% of Picanol Group

    Tessenderlo Group (Tessenderlo Group nv, Euronext: TESB) (the "Bidder") announces today that during the final acceptance period of the public exchange offer (the "Exchange Offer"), 90,695 shares of Picanol Group (Picanol nv) have been tendered to the Exchange Offer. Click here for the full press release.
  • Picanol Group - Press releases

    Update transaction: Tessenderlo Group reopens the exchange offer as simplified squeeze-out as from February 13, 2023

    Tessenderlo Group has issued a press release this morning (Update transaction Tessenderlo Group and Picanol Group: Tessenderlo Group reopens the exchange offer as simplified squeeze-out as from February 13, 2023). The press release is available on www.picanolgroup.com/nl/transactie-picanol-group-en-tessenderlo-group.
  • Picanol Group - Press releases

    Update transaction: Tessenderlo Group acquires 99.32% of the shares of Picanol Group

    Tessenderlo Group has issued a press release this morning (Update transaction Tessenderlo Group and Picanol Group: Tessenderlo Group acquires 99.32% of the shares of Picanol Group and reopens the public exchange offer as a simplified squeeze-out as from February 13, 2023). The press release is available on the group's website: www.picanolgroup.com...