Food & Beverages

Tessenderlo Group

Company Profile Analysis

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Tessenderlo Group - Food & Beverages showcase

Year Founded & Workforce

1918-12-31

4,800 Employees

Industry

Food & Beverages

Services

T

Tessenderlo Group Overview

Company Headquarters: Brussels, Belgium

Founded: 1919

Workforce: ~4,800

Company Working: Tessenderlo Group (Tessenderlo) is one of the leading conglomerates operating in raw materials & ingredients solutions for companies in end markets including construction, industry, pharmaceutical, agriculture, food, and consumer goods. Agro, bio-valorization, industrial solutions, and T-power are the four broad operating segments of the company and have its client base spread across the world. The company operates through production plants and sales offices situated in 100 locations across 26 countries.

The gelatin and collagen peptide solutions are marketed under the PB Leiner brand of bio-valorization segment and are manufactured through seven production plants present in the US, UK, Germany, Belgium, China, Brazil, and Argentina. The major end markets the brand serves comprise food solutions, pharma & bioscience, and health & nutrition.

Strategy

Tesssenderlo’s key strategy is constant product innovation like TEXTURA Tempo Ready and gelmoRex pharmaceutical grade gelatins and the company has plans to upgrade its production facilities to improve the quality and product development of gelatin intended for use in niche segments. In addition, the company collaborates with specialized companies like Viachem, Ltd, providing go-to-market services in key markets (like North America) to strengthen its distribution network. These alternative distribution channels also provide better customer service management.

Company Snapshot

$1,951.74M

Revenue

4,800

Employees

1918-12-31

Founded

Brussels, Belgium

Headquarters

SWOT Analysis

Strengths

  • Well-established group’s brand image
  • Constant initiatives to strengthen the product mix

Weaknesses

  • Weak financial position of the bio-valorization segment indicated by decreasing return on revenue

Opportunities

  • Further strengthening its presence in Asia-Pacific and Middle East markets
  • Introduction of more process-specific gelatin solutions through collaboration with research universities

Threats

  • Exchange rate fluctuations
  • Rising raw material and energy costs

Key Developments

DateApproachDevelopment
November 2022Joint VentureTessenderlo’s PB Leiner has entered a joint venture agreement with D&D Participações Societárias (Brazil). The JV is aimed to strengthen the beef hide-based gelatin production of the former.
November 2022Product LaunchPB Leiner launched TEXTURA Tempo Ready, a gelatin aimed at reducing the preparation and setting time. The product is manufactured using bovine sources completely and the targeted customers of the launch are Chefs
October 2022Product LaunchPB Leiner launched three pharmaceutical-grade gelatins under the brand gelwoRx Dsolve brand namely Dsolve B, Dsolve P, and Dsolve xTRA. Pig skin and beef hide are used in the production of Dsolve P and Dsolve B. The products are designed to reduce crosslinking and expedite the dissolution of soft capsules
September 2020Product LaunchThe company introduced new pharmaceutical glewoRx with two sub-brands gelwoRx Dhydra and gelwoRx Dsolve.

Product Offering

  • Tessenderlo Group
    • Gobal Gelatin Market

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Tessenderlo Group as part of our ongoing coverage of the Food & Beverages sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Tessenderlo Group

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