News & events

  • 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...
  • Picanol Group - Press releases

    Picanol Group: publication of a transparency notification

    Picanol Group received a transparency notification on January 5, 2023, indicating that Tessenderlo Group nv held 30,711,916 voting rights of the company on January 2, 2023, and that the 95% statutory threshold was crossed. Click here for the full press release.
  • Picanol Group - Press releases

    Update transaction: Tessenderlo Group reopens exchange offer for the Picanol Group shares

    Tessenderlo Group has issued a press release this morning (update transaction Tessenderlo Group and Picanol Group: Tessenderlo Group reopens exchange offer for the Picanol Group shares). The press release is available on the group's website: www.picanolgroup.com/en/transaction-picanol-group-and-tessenderlo-group.
  • Picanol Group - Press releases

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

    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 January 2, 2023: Total outstanding capital: 22,490,689.56 EUR Total number of outstanding ordinary shares: 17,931,766 Total number of voting rights (the...
  • Best Wishes

    Best Wishes

    To all our colleagues, customers, suppliers, and other partners: we wish you a wonderful end to the year and a fantastic start to 2022.
  • DWW 2022 at Picanol Group

    Picanol Group employees raise 10,000 EUR for charity

    In the last few weeks, Picanol Group employees organized several initiatives to raise money for “De Warmste Week,” which is a yearly initiative that helps various good causes in Flanders and Brussels. Yesterday’s Picanol Group Winter Bar proved to be the icing on the cake! In total, we raised no less than 10,000 euros which we’ll be donating to...
  • Picanol Group - Press releases

    Update transaction: Tessenderlo Group acquires 97.90% of the shares in Picanol Group

    The press release is available on the group's website: www.picanolgroup.com/en/transaction-picanol-group-and-tessenderlo-group.
  • Picanol Group - Press releases

    Picanol Group: publication of a transparency notification

    Picanol Group received a transparency notification on December 13, 2022, indicating that Oostiep Group BV held 26,546,390 voting rights of the company on November 30, 2022, and that due to a change in the total number of voting rights, the 85% statutory threshold was crossed. Click here for the full press release.
  • Picanol Group - Press releases

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

    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 November 30, 2022: Total outstanding capital: 21,720,000 EUR Total number of outstanding ordinary shares: 17,931,766 Total number of voting rights (the...
  • Picanol Group - Press releases

    Transaction Picanol Group and Tessenderlo Group: update

    Go to www.picanolgroup.com/en/transaction-picanol-group-and-tessenderlo-group for more information.
  • Picanol Group - Press releases

    Disclosure in accordance with the requirements of the transparency law

    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 28, 2022: Total outstanding capital: 21,720,000 EUR Total number of outstanding ordinary shares: 17,931,766 Total number of voting rights (the...
  • Picanol Group - Press releases

    Picanol Group: publication of a transparency notification

    Picanol Group received a transparency notification on October 28, 2022, indicating that Patrick Steverlynck, Luc Tack, Manuco International nv en Oostiep Group BV were holding 29,202,558 voting rights of the company as at October 28, 2022. Click here for the full press release.
  • Picanol Group - Press releases

    Extraordinary general meeting Picanol nv 2022

    Go to www.picanolgroup.com/en/transaction-picanol-group-and-tessenderlo-group for more information.
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    PsiControl opens new production facility in Romania

    Today, PsiControl (a subsidiary of Picanol Group, Euronext: PIC) officially opened its new production facility in Râșnov (Brașov, Romania). The opening took place in the presence of Mr. Liviu Butnariu, Mayor of Râșnov, Mr. Adrian Vestea, President of the Provincial Council, and Mr. Cătălin Mihai Văsii, Governor of Brașov Province. PsiControl, which...
  • Milestone first pile foundation new head office Picanol Group 2

    First pile foundations for new Picanol Group headquarters

    On Wednesday, September 7, 2022, the first pile foundations of the new Picanol Group headquarters went into the ground. This was done using our own drill tips that were cast and finished at the group’s foundry and mechanical finishing department. This is how Picanol Group started the construction of its new headquarters at its home base in...
  • Picanol Group - Press releases

    Transaction Picanol Group and Tessenderlo Group: update

    Go to www.picanolgroup.com/en/transaction-picanol-group-and-tessenderlo-group for more information.
  • Picanol Group - Press releases

    Consolidated results HY21

    Go to www.picanolgroup.com/en/transaction-picanol-group-and-tessenderlo-group for more information.
  • Picanol Group - Press releases

    Disclosure in application of Article 7:97 of the Belgian Code of Companies and Associations

    Go to www.picanolgroup.com/en/transaction-picanol-group-and-tessenderlo-group for more information.
  • Picanol Group - Press releases

    Tessenderlo Group and Picanol Group announce their intention to simplify group structure and combine their activities

    Go to www.picanolgroup.com/en/transaction-picanol-group-and-tessenderlo-group for more information.
  • Picanol Group - Press releases

    Upward revision of the 2022 outlook as a result of impact of Tessenderlo Group

    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. Tessenderlo Group Tessenderlo Group (Euronext: TESB) anticipates the Adjusted...
  • Picanol Group - Press releases

    Disclosure in accordance with the requirements of the transparency law

    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...
  • Picanol Group - Press releases

    General meeting of Picanol nv 2021

    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. The general meeting approved the financial statements, the allocation of results, the remuneration report, and the remuneration policy.
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    Consolidated results 2021

    Recovery of global machinery market generates strong results in 2021. Strong Tessenderlo Group results in line with expectations. Click here for the full press release.
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    Best Wishes

    To all our colleagues, customers, suppliers, and other partners: we wish you a wonderful end to the year and a fantastic start to 2022.