![]() 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 1936 | Founding Date 2005 |
Type | Type Subsidiary | Type Subsidiary |
Tags | ||
Locations | 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 |
Employees | Employees 2,300 | Employees 6758% increase |
Financial | ||
Revenue (est.) | Revenue (est.) €2.7b (FY, 2021) | Revenue (est.) €398.2m (FY, 2023) |
Cost of goods | Cost of goods €1.9b (FY, 2021) | Cost of goods €292.2m (FY, 2023) |
Gross profit | Gross profit €825.8m (FY, 2021) | Gross profit €106m (FY, 2023) |
Net income | Net income €237.7m (FY, 2021) | Net income €11.6m (FY, 2023) |

Danfoss Germany is a company that provides engineering solutions.
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