Picanol NV operates in the Textile machinery sector. Picanol NV is a Belgium-based company engaged in the development, production and sale of weaving machines and other related technologies for the textile industry. The Company operates through two divisions: weaving machines and industries. Weaving Solutions (Picanol) develops, manufactures and sells high-tech weaving machines, based on air (airjet) or rapier (rapier) technology. It supplies weaving machines to weaving mills worldwide and Melotte to the design, development, manufacturing and support of technological components, services and mechatronical system solutions for original equipment manufacturers in various industries. Manufacturing comprises all foundry activities (Proferro) and the group's mechanic finishing activities. As of December December 31, 2010, the Picanol Group had subsidiaries and production facilities in Asia, Europe and the United States, Brazil, Mexico and India. In
our complete report available for purchase the company is compared to: Boewe Systec AG, Schweiter Technologies AG and Hansen Transmissions International.