Festo BV

Global player Festo is an independent family business based in Esslingen am Neckar (Germany). The company supplies pneumatic and electrical automation technology to 300,000 factory and process automation customers in more than 35 business sectors. Festo products and services are marketed in 176 countries. With around 21,000 employees in more than 250 locations in 61 countries worldwide, Festo achieved a turnover of approximately 3.07 billion euros in 2019. Approximately 8% of this turnover is invested in research and development every year.