Overview
Employees
6,387 employees
Revenue
$2 to $5 billion (USD) per year
Competitors
SMC Corporation, Parker Hannifin
Category
Industrial Products
Festo is a global player and an independent family-owned company with headquarters in Esslingen am Neckar, Germany. The company supplies pneumatic and electrical automation technology to 300,000 customers of factory and process automation in over 40 industries. The products and services are available in 176 countries. With about 20,100 employees in over 250 branch offices in 61 countries worldwide, Festo achieved a turnover of around €3.20 billion in 2019. Each year around 8 % of this turnover is invested in research and development. In this learning company, 1.5 % of turnover is invested in basic and further training. Yet training services are not only provided for Festo's own staff – Festo Didactic SE also supplies basic and further training programmes in the field of automation technology for customers, students and trainees. Impressum/Imprint: https://www.festo.com/group/en/cms/10203.htm Our terms of use: On LinkedIn we apply the same terms of use as on our official Facebook page: https://www.facebook.com/FestoAG/app_348294115290682 FESTO Aktiengesellschaft manufactures factory and process automation systems. The Company offers pneumatic and electrical control and drive technology solutions. FESTO serves clients worldwide. Festo is a privately owned German industrial control and automation company based in Esslingen am Neckar, Germany. Festo SE & Co. KG supplies pneumatic and electrical automation technologies. The Company offers such technologies for joining, rotating, gripping, positioning, connecting, holding, testing, and checking discrete materials. Festo SE serves customers worldwide. Pneumatische und elektrische Antriebstechnik von Festo steht für Innovation in der Industrie- und Prozessautomatisierung - vom Einzelprodukt bis zur einbaufertigen Lösung. Festo AG provides a variety of pneumatic and electrical automation technologies for mechanical engineering tasks. The company's products include valves, valve terminals, handling and assembly technology, drives, sensors, vacuum technology, and bus systems. Festo AG serves more than 300,000 customers in over 175 countries in the electronics, automotive, and food and packaging industries, among others. The company employs about 200 R&D engineers and operates from more than 250 branch offices; it also offers training courses, seminars, e-learning, and consulting services. Festo AG provides catalogues in more than 20 languages. The company was established in 1925.
