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.

From components to the cloud: to achieve seamless automation and digitalised machines and systems, system planners and design engineers can now rely fully on Festo. That applies to all levels of automation, from mechanical to electrical, as well as intelligent connectivity, regardless of the standard used by the customer.

In no other industry is there such pressure to innovate and keep prices low as in the semiconductor and electronics industry. For OEMs, this means developing ever faster and more productive machines and plants in time frames of less than 18 months. On top of this, reliable compact and cost-efficient automation components are also needed. The Festo core range offers the perfect solution: it is quickly available worldwide, has a long service life ...

In 2020, Festo was able to increase sales in the "machines and systems for battery production" segment by 40 percent. The demand for automation for battery cell production and other e-vehicle components is increasing continuously.