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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 2,741.7 million EUR in 2021. 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 segment

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 segment

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 segment

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 segment

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 segment

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

    2,741.7 million EUR turnover realized in 2021

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Latest press releases

  • Picanol Group - Press releases

    General meeting of Picanol nv 2021

    Monday, May 16, 2022
    The general meeting of shareholders of Picanol nv for the financial year 2021 was held today. Out of a total of 33,531,234 voting rights, 31,761,316 voting rights (94.72%) were represented at the meeting.

    Press release

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  • Picanol Group - Press releases

    Consolidated results 2021

    Thursday, March 24, 2022
    Recovery of global machinery market generates strong results in 2021. Strong Tessenderlo Group results in line with expectations.

    Press release

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  • Concept Picanol Group nieuw hoofdkantoor

    Picanol Group to build new head office in Ieper

    Tuesday, December 7, 2021
    Picanol Group (Euronext: PIC) today announced the construction of a new head office in its hometown of Ieper (Belgium).

    Press release

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