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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

    Picanol Group: upward revision of the 2022 outlook as a result of impact of Tessenderlo Group

    Wednesday, June 22, 2022
    Based on the current situation, Picanol Group can confirm it anticipates that the 2022 Adjusted EBITDA will be in line with the 2021 Adjusted EBITDA (430.3 million EUR). The previous outlook projected the 2022 Adjusted EBITDA to be lower than the 2021 Adjusted EBITDA.

    Press release

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  • Picanol Group - Press releases

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

    Thursday, June 2, 2022
    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 May 31, 2022: 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

    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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