Company Overview of Festo AG & Co. KG
Festo AG & Co. KG manufactures factory and process automation solutions. The company offers pneumatic and electrical control and drive technology solutions. Its products include cylinders, valves, and manifolds; electrical, pneumatic, and servo-pneumatic drives; appliances for compressed-air treatment and vacuum technology; grippers and handling systems; motors and controllers; sensors and image-processing systems; and control technology and software solutions. The company also provides equipping technical training institutes, training options, and consultancy services for manufacturing companies. It serves customers worldwide. The company was founded in 1925 and is based in Esslingen, Germa...
Ruiter Straße 82
Founded in 1925
Key Executives for Festo AG & Co. KG
Chairman and Head of Research
Member of the Management Board Finance and Member of the Management Board Information Management & Technology
Member of the Management Board Operations
Head of Technical Corporate Communication
Head of Knowledge & Information Management and Director
Compensation as of Fiscal Year 2016.
Festo AG & Co. KG Key Developments
RS Components Extends Pneumatics Offer through Agreement with Festo
Jun 28 16
RS Components, the trading brand of Electrocomponents plc has reached an agreement to integrate Festo pneumatics products into its range, providing industrial customers with an even wider choice of brands from the distributor. RS is now a key part in the distribution strategy of Festo. The two companies have agreed to align in key markets across Europe. The Festo range complements the RS Pro pneumatics offer and will be an essential brand on the A&C line card of RS from June 2016. This is another step by the distributor to better serve the needs of its customers when sourcing products for specific applications.
The Bosch group Selects Festo AG and Co. KG as a preferred supplier of pneumatics
Jan 13 16
The Bosch group has chosen Festo AG and Co. KG as a preferred supplier of pneumatics. Festo has received preferred supplier status for above average performance in collaboration with the Bosch group. The supplier evaluation criteria include, amongst others, strong delivery reliability, clever technical solutions, fulfilment of international standards and a global alignment. The decision was made by a global purchasing team at the Bosch group.
Festo and Graybar Sign National Distribution Agreement
Sep 15 15
Festo and Graybar signed a national distribution agreement. Under the terms of this agreement, Graybar will distribute Festo pneumatic, electro-mechanical, and process automation components to its customers. The new relationship with Graybar is the first national distribution agreement for Festo pneumatic, electro-mechanical, and process automation components in the automation Festo’s more than 40 years of operation in the United States.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|
The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking
Most Searched Private Companies
Sponsored Financial Commentaries