Ragolle was founded in 1950 by Alfred and Maria Ragolle. In 1985, the second generation, Myriam Ragolle and her husband Herman Verhelst started a rug department with qualities in wool and viscose. The collection was later expanded with rugs in Heatset Polypropylene and Polyester.

In 1999, Ragolle built a new weaving mill, which was further expanded in 2013. Ragolle completed the expansion in 2016 with new offices and showrooms. In June 2022, Ragolle was acquired by Victoria PLC, a British group specializing in flooring. Katrien Vandenbroucke is the current CEO of Ragolle Rugs. Annemie Verhelst, daughter of Herman Verhelst and Myriam Ragolle, is as Product Development Director in charge of the Design Department and she is also responsible for Research & Development.