Pierre Vandeputte and Group Galloo: Pioneers of Recycling at 252 Million Euros
Pierre Vandeputte
Our heritage of Pierre Vandeputte is valued at 252 million eurosmarking its position in the recycling under the banner of Group Galloo. Located in Menen, this family-owned group was founded in 1939 under the impetus of Joseph Galloo. Since then, the company has undergone considerable expansion, with almost 850 employees at 49 sites in Belgium, France and the Netherlands.
Galloo's success and steady growth can be attributed to its specialization in the recycling of various metals. both ferrous and non-ferrous - and plastics. Galloo's facilities have the capacity to process a wide variety of waste materials, from car wrecks to end-of-life ships.
Company Structure Chart:
- Founder: Joseph Galloo
- Current executives: Pierre and Jan Vandeputte (adopted by Antoine Vandeputte)
- Head office: Menen, Belgium
- Number of sites: 49
- Headcount: 850 employees
- Sectors: Recycling of ferrous and non-ferrous metals and plastics
The metal separation technique developed by the group contributes to its reputation, enabling it to isolate heavy elements such as lead from light ones such as aluminum. Their innovation doesn't stop there: they have also created an automated process for recycling LCD screens, and are currently working on adding value to solar panels.
Economic Variation:
- 2021: Rising demand for metals due to government measures against Covid-19
- Sales: Increase from 390 to 592 million euros
- Net income: Growth from 10 to 37 million euros
Group Galloo has announced a partnership strategic partnership with Stellantis in 20232 billion by 2030. The stability and growth of the basic materials market, influenced in particular by the current geopolitical context, testify to Galloo's adaptability and foresight in the face of global economic fluctuations.
