Foronex Overview

  • Year Founded
  • 1967

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 3


  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 1

Foronex General Information


Distributor and supplier of wood-based biomass catering to the energy and incineration sectors in Belgium and surrounding countries. The company specializes in the supply, processing and marketing of wood waste and transforming it into a new raw material and offers cleaned flax straw, flax pellets and flax dust, fine dry sawdust, recycled wood, ground palettes, wood shavings and wood chips.

Contact Information

Ownership Status
(Operating Subsidiary)
Financing Status
Corporate Backed or Acquired
Primary Industry
Other Industries
Other Commercial Products
Environmental Services (B2B)
Parent Company
Primary Office
  • Ooigemstraat 11
  • 8710 Wielsbeke
  • Belgium
+32 056 00 00 00

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Foronex Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Foronex Executive Team (1)

Name Title Board Seat Contact Info
Handrin Wemel Chief Executive Officer
To view Foronex’s complete executive team members history, request access »

Foronex Board Members (1)

Name Representing Role Since
0000 0000000 Foronex Board Member 000 0000
To view Foronex’s complete board members history, request access »

Foronex Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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