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Picanol NV
Steverlyncklaan 15
Phone: +32 57222111p:+32 57222111 IEPER, 8900  Belgium Fax: +32 57222001f:+32 57222001
This company was Merged or Acquired on 12/20/2022.
This company is no longer actively traded on any major stock exchange.
This is a Subsidiary, click here for the Parent Company
Business Summary
Picanol NV is a Belgium-based company engaged in the development, production and sale of weaving machines and other high-tech, industrial products, systems and services. The Company operates through two divisions: Division Weaving Machines and Division Industries. Weaving Solutions (Picanol) develops, manufactures and sells high-tech weaving machines. It supplies weaving machines to weaving mills worldwide, and also offers products and services as weaving accessories, training, upgrade kits and spare parts. The Division Industries through Proferro comprises all foundry activities and the group’s machining activities. It produces cast iron parts for e.g. compressors, pumps and agricultural machinery, and parts for Picanol weaving machines. Through PsiControl Mechatronics, the Group specializes in the design, development, manufacturing and support of technological components, services and mechatronical system solutions for original equipment manufacturers in various industries.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202212/31/2021Yes----

Industries
SIC Code Description
3552 Textile machinery
3559 Special industry machinery, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board, Chief Financial Officer, Representative of Findar BVBA StefaanHaspeslagh 4/1/2010 4/18/2007
Chief Executive Officer, Executive Director LucTack 61 7/9/2009 7/9/2009
Non-Executive Director - Permanent Representative of Pasma NV PatrickSteverlynck 12/1/2009 5/22/2006
4 additional Officers and Directors records available in full report.

Business Names
Business Name
0FM2
Burcklé
GTP Bandung
14 additional Business Names available in full report.

General Information
Number of Employees: 7,058 (As of 12/31/2021)
Outstanding Shares: 17,931,766 (As of 10/25/2022)
Shareholders: 599
Stock Exchange: EBR
Fax Number: +32 57222001


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Thursday, April 4, 2024