Business Summary
- manufacturing, trading and sales of fertilizers and crop protection products (27.4% of net sales);
- manufacturing of weaving machines (24.1%): mainly air-jet and rapier weaving machines sold under the Picanol brand. The group also offers mechanical components (primarily moulded and machined parts; Proferro brand) and electronic systems (PsiControl);
- production of animal by-products (23.4%): gelatins, collagen peptides, animal proteins and fats, etc.;
- manufacturing of industrial systems (22.5%): water management and treatment systems, mining and industrial systems, etc.;
- power generation (2.6%; T-Power).
Net sales are distributed geographically as follows: Europe (49.3%), North America (24.6%), Asia (19.5%), South America (3.7%) and other (2.9%).
Number of employees: 7,058
Managers
Managers | Title | Age | Since |
---|---|---|---|
Luc Tack
CEO | Chief Executive Officer | 62 | 09-07-08 |
Chairman | 66 | 10-05-26 | |
Philip de Bie
CTO | Chief Tech/Sci/R&D Officer | - | - |
Karen D'Hondt
CMP | Compliance Officer | - | - |
Investor Relations Contact | - | - | |
Johan Verstraete
SAM | Sales & Marketing | - | - |
Members of the board
Members of the board | Title | Age | Since |
---|---|---|---|
Director/Board Member | 77 | - | |
Chairman | 66 | 10-05-26 | |
Director/Board Member | - | - | |
Luc Tack
CEO | Chief Executive Officer | 62 | 09-07-08 |
Director/Board Member | 73 | 11-04-20 | |
Director/Board Member | 63 | 17-04-26 | |
Ann Vereecke
BRD | Director/Board Member | - | 19-01-31 |
Share class
Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
---|---|---|---|---|---|
Stock A | 1 | 17,931,766 | 1,099,217 ( 6.130 %) | 0 | 6.130 % |
Holdings
Name | Equities | % | Valuation |
---|---|---|---|
RIETER HOLDING AG 2.99% | 139,704 | 2.99% | 20,225,825 $ |
Company contact information
Group companies
Name | Category and Sector |
---|---|
Verbrugge NV
Verbrugge NV Industrial MachineryProducer Manufacturing Part of Tessenderlo Group NV, Verbrugge NV is a Belgian company that manufactures textile machinery. The private company is based in Roeselare, Belgium. Verbrugge was acquired by Picanol NV, a subsidiary of Tessenderlo Group NV from Brant Beheer NV on December 03, 2001. |
Industrial Machinery
|
DYKA Plastics NV
DYKA Plastics NV Building ProductsProducer Manufacturing Part of Tessenderlo Group NV, DYKA Plastics NV is a Belgian company that manufactures and distributes pipes and fittings. The private company is based in Overpelt, Belgium. The company was founded in 1976. The CEO is Gabriel Spruijt. |
Building Products
|
PB Gelatins UK Ltd.
PB Gelatins UK Ltd. Pharmaceuticals: MajorHealth Technology Part of Tessenderlo Group NV, PB Gelatins UK Ltd. is a private company that specializes in sulfur chemistry for mining and industrial markets. The company is based in Pontypridd, UK. Tessenderlo Group is an industrial group that focuses on agriculture, valorizing bio-residuals, machinery, mechanical engineering, electronics, energy, and providing industrial solutions with a focus on water. The group is active in over 100 countries and has a team of more than 7,000 employees. The financial service relating to Tessenderlo Group bonds and shares is assured (without cost) for the bondholders by ING. Tessenderlo Group is listed on Euronext Brussels and is part of Next 150 and BEL Mid indices. Founded in 1980, the British company's team serves customers across highly diverse sectors and in different continents. |
Pharmaceuticals: Major
|
Terelux SA
Terelux SA Multi-Line InsuranceFinance Part of Tessenderlo Group NV, Terelux SA is a Luxembourger company that provides reinsurance services. The private company is based in Luxembourg, Luxembourg. |
Multi-Line Insurance
|
Picanol Group NV
Picanol Group NV Industrial MachineryProducer Manufacturing Picanol Group NV specializes in development, production and sales of weaving machines and technology for the textile industry. The company was founded by Charles Steverlynck in 1936 and is headquartered in Ypres, Belgium. |
Industrial Machinery
|
Tessenderlo Chemie International NV
| |
Proferro NV
Proferro NV Metal FabricationProducer Manufacturing Part of Tessenderlo Group NV, Proferro NV is a Belgian company that engages in casting processing and assembling engineered casting solutions. The private company is based in Ieper, Belgium. The company was founded in 1989. The CEO is Luc Tack. |
Metal Fabrication
|
PsiControl NV
PsiControl NV Electrical ProductsProducer Manufacturing PsiControl engages in the development, design, and production of custom made controllers. Its controllers are made to fit in a customized housing, integrated with the desired connectivity solution, and with a customized Human Machine Interface design. The company was founded on May 9, 1989 and is headquartered in Ypres, Belgium. |
Electrical Products
|
Sector
1st Jan change | Capi. | |
---|---|---|
+12.53% | 82.35B | |
+20.35% | 71.09B | |
+20.75% | 37.73B | |
+15.94% | 32.01B | |
+9.19% | 27.2B | |
+4.58% | 26.74B | |
+3.90% | 26B | |
+13.27% | 25.5B | |
+17.05% | 24.76B |