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© Festo SE & Co. KG
2023/09/18
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Passing on the baton: New Chairman of the Management Board of family-owned ...
Oliver Jung (61) will leave his position as Chairman of the Management Board of Festo SE & Co. KG as ...
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Oliver Jung (61) will leave his position as Chairman of the Management Board of Festo SE & Co. KG as planned on expiry of his current mandate. The Supervisory Board has appointed Thomas Böck (52) as his successor. Mr. Böck will join the family-owned company as the new Chairman of the Management Board on 1 January 2024.
© Festo SE & Co. KG
2023/08/08
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Festo continues on course for growth and innovation
The Festo Group achieved double-digit growth for another year in a row. Sales rose by 13.4% to €3.81 ...
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The Festo Group achieved double-digit growth for another year in a row. Sales rose by 13.4% to €3.81 billion in 2022 (previous year €3.36 billion). Festo intends to continue growing in 2023. Innovative automation is the enabler for the industrial transformation towards renewable energies, sustainable production, hydrogen and circular economy.
© Festo SE & Co. KG
2023/04/14
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The Festo Group
Festo, the world’s leading supplier of automation technology and technical education, is deploying its ...
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Festo, the world’s leading supplier of automation technology and technical education, is deploying its products and services to meet the challenge of smart production for the future in the course of digitalisation. The company also relies on artificial intelligence and machine learning. Established in 1925, the independent family-owned company based in Esslingen a.N., Germany, has been a driving force in automation for over 60 years and with its ...
© Festo SE & Co. KG
2022/06/13
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Festo on course for growth
The Festo Group has achieved the highest turnover in its history for the 2021 financial year. After a ...
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The Festo Group has achieved the highest turnover in its history for the 2021 financial year. After a double-digit growth in turnover of around 18% to 3.36 billion euros (previous year 2.84 billion euros), the company started the first quarter with a double-digit order intake. This puts the innovation leader in automation and technical education in a good starting position to push ahead with its strategic orientation towards digitalisation and ...

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Thomas Böck
© Festo SE & Co. KG