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
€983 million
REVENUE IN
2024–2025
3,759
EMPLOYEES
WORLDWIDE
350
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.
2024–2025 Annual Report
Discover EXEL Industries’ Activity Report for the 2024–2025 financial year, structured around the Group’s six strategic pillars: Customer, Innovation, Operational Excellence, People, Planet, Profit. Key highlights of 2025: industrial modernization, major innovation projects, and tangible CSR commitments. A clear overview of our financial and non-financial performance, serving sustainable value creation.
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
February 19 20262025 ANNUAL REPORT
In a demanding environment, the Group demonstrates its resilience and reaffirms its innovation momentum in service of its customers.
February 19 2026Interview with Daniel Tragus
Our model demonstrated its resilience in a very turbulent environment.
February 16 20262024–2025 Universal Registration Document
EXEL Industries’ 2024–2025 Universal Registration Document for the fiscal year ended on September 30, 2025.
Careers
EXEL Industries is an innovative family-owned group that provides a wealth of career opportunities in France and abroad.