![]() Picanol Group Picanol Group is an industrial group specializing in mechanical engineering for textile, agriculture, nutrition, water management, the (re)use of natural resources, and other industrial markets. | ||||
Founding Date | Founding Date 2009 | Founding Date 1936 | Founding Date 2005 | Founding Date 2017 |
Type | Type Subsidiary | Type Subsidiary | Type Subsidiary | Type Private |
Tags | ||||
Locations | Locations New York, US HQ | Locations Ieper, BE HQ Americana, BR Suzhou, CN Pappanaickenpalayam, IN Jawa Barat, ID Ciudad De México, MX İstanbul, TR see more | Locations Offenbach am Main, DE HQ | Locations State College, US HQ |
Employees | Employees 98 | Employees 2,300 | Employees 6758% increase | Employees 128% decrease |
Financial | ||||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) €2.7b (FY, 2021) | Revenue (est.) €398.2m (FY, 2023) | Revenue (est.) N/A |
Cost of goods | Cost of goods N/A | Cost of goods €1.9b (FY, 2021) | Cost of goods €292.2m (FY, 2023) | Cost of goods N/A |
Gross profit | Gross profit N/A | Gross profit €825.8m (FY, 2021) | Gross profit €106m (FY, 2023) | Gross profit N/A |
Net income | Net income N/A | Net income €237.7m (FY, 2021) | Net income €11.6m (FY, 2023) | Net income N/A |

Picanol Group is an industrial group specializing in mechanical engineering for textile, agriculture, nutrition, water management, the (re)use of natural resources, and other industrial markets.
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