Festo SE & Co. KG and the joint venture FlexFactory GmbH of MHP, Munich Re and Porsche are consolidating their strategic partnership and entering the market with a joint offering for machine and plant manufacturers as well as plant and equipment operators. The aim of the partnership is to enable the production of a wide range of product variants in a more flexible and cost-efficient manner.

At the Hannover Messe, Dr Frank Melzer, Member of the Management Board for Product and Technology Management, handed over his chairmanship of the steering committee, the central steering body of the Plattform Industrie 4.0, in rotation. Festo remains represented on the platform's chairing committee and continues to be committed to the digital transformation of industry. Digital twins for Industrie 4.0, sovereign data infrastructure and ecologically ...