EXEL Industries, a family-owned industrial and diversified group
EXEL Industries is a listed French family-owned industrial group that designs, manufactures and markets capital goods and related services that enable its customers to improve efficiency and productivity, contribute to the pleasure of living, and achieve their environmental and social objectives. Present in over 30 countries, the Group operates in 3 markets and 6 business areas.
The story of EXEL Industries began in 1946, when Vincent Ballu, father of Patrick Ballu, current Chairman of the Board of Directors, invented and built the first “high-clearance tractor”. At the time, it was destined for the Champagne vineyards of the famous Moët & Chandon house. In 1952, Vincent Ballu founded Tecnoma, which today is part of the family-owned EXEL Industries group.
EXEL Industries in figures
€1.1 billion
REVENUE IN
2023–2024
3,814
EMPLOYEES
WORLDWIDE
353
PATENT
FAMILIES
24
PRODUCTION
SITES
Our activities
Agricultural equipment
The agricultural equipment division manufactures and markets agricultural spraying solutions via a number of strong brands, as well as sugar beet harvesting and loading machinery supplied by leading manufacturer Holmer.
Industry
Through Sames, the EXEL Industries Group supplies industrial solutions for increasing productivity and improving quality while reducing product consumption and production costs. The offer is supplemented by a wide range of technical hoses from Tricoflex.
Leisure
Through its brands, EXEL Industries is one of the leaders in the consumer watering and plant protection market. EXEL Industries’ marine brands, Rhéa-Marine, Tofinou and Wauquiez, thrive on demand for boats that combine tradition and modernity.
EXEL Industries worldwide
EXEL Industries is a federation of independent companies operating at nearly 25 industrial locations worldwide (including France, the UK, the Netherlands, Denmark, Germany, Romania, the USA and Australia). Over 80% of its sales are now generated outside France.
2023–2024 Annual Report
Explore EXEL Industries’ Annual Report for 2023–2024.
Structured around six strategic pillars, the Annual Report highlights EXEL Industries’ priorities and the concrete actions taken throughout the 2023–2024 year.
Investors
Invest in EXEL Industries, a dynamically growing group with diversified expertise, a leader in agricultural spraying and a commitment to innovation and sustainability. With a worldwide presence, a strong commitment to R&D and social responsibility, EXEL Industries offers a solid opportunity for investors aware of environmental and societal issues.
All the latest news
June 23 2025EXEL Industries Group Receives Deloitte's Best Managed Companies Label
A family-owned Group that designs, manufactures, and markets capital equipment and provides associated services for the agricultural equipment, leisure and industry sectors, EXEL Industries has been recognized among the 28 French companies awarded the 2025 label by Deloitte France's Best Managed Companies program.
- May 23 2025
First half 2024–2025 results
Priority given to reducing debt and optimizing WCR in the first half, positive net income driven by lower costs in response to lower volumes in Agricultural Spraying.
- April 29 2025
Q2 2024–2025 revenue: -3.8%
Businesses proved to be resilient in an uncertain economic context
Careers
EXEL Industries is an innovative family-owned group that provides a wealth of career opportunities in France and abroad.