Festo Overview

  • Founded
  • 1925
Founded
  • Status
  • Private
  • Employees
  • 20,000
Employees
  • Latest Deal Type
  • Accelerator/​Inc
  • Investors
  • 1

Festo General Information

Description

Developer of pneumatic and electrical motion sensor technology designed to increase productivity in industrial and process automation. The company's technology offers pneumatic drives, servo-pneumatic positioning systems, electromechanical drives, motors and controllers, grippers, handling systems, vacuum technology, valves, valve terminals, sensors, image processing systems and pneumatic fittings systems, enabling industrial workers to automate processes and reduce time and cost.

Contact Information

Website
www.festo.com
Ownership Status
Privately Held (backing)
Financing Status
Accelerator/Incubator Backed
Primary Industry
Electrical Equipment
Other Industries
Machinery (B2B)
Automation/Workflow Software
Primary Office
  • Ruiter Straße 82
  • 73734 Esslingen
  • Germany
+49 0711 0000
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Festo Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
1. Accelerator/Incubator 09-Feb-2015 Completed Generating Revenue
To view Festo’s complete valuation and funding history, request access »

Festo Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of pneumatic and electrical motion sensor technology designed to increase productivity in industrial and proce
Electrical Equipment
Esslingen, Germany
20,000 As of 2021
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Yamanashi Prefecture, Japan
00000 As of 0000
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Bloomfield, CT
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Festo Competitors (15)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Fanuc Corporation Yamanashi Prefecture, Japan 00000 00000000
00000 & 0000000 00 Corporation Bloomfield, CT
000000000 00000000 Corporate Backed or Acquired Marlborough, CT 00 000000&0
000 00000 Corporate Backed or Acquired Zurich, Switzerland 000000 00000000000
000000 00000 Corporation Duisburg, Germany
You’re viewing 5 of 15 competitors. Get the full list »

Festo Patents

Festo Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
DE-102020107466-A1 Drive motor for a suction device or a machine tool Pending 18-Mar-2020 000000000 0
DE-102020100574-A1 Guide rail for guiding a hand machine tool Pending 13-Jan-2020 00000000
US-20210323111-A1 Guiding device, system and method for surface treatment Pending 23-Dec-2019 0000000000
EP-3880404-A1 Guide device, system and method for surface processing Pending 23-Dec-2019 0000000000
DE-102019135777-A1 Guide device, system and method for surface treatment Pending 23-Dec-2019 B24B23/005 0

Festo Executive Team (12)

Name Title Board Seat Contact Info
Oliver Jung Chairman of the Management Board & Chief Executive Officer
Kimberly Gage Chief Operating Officer
Alfred Goll Executive, Pneumatic Specialist
Sebastian Unseld Mergers & Acquisitions Specialist
Nader Imani Executive Vice President of Global Education
You’re viewing 5 of 12 executive team members. Get the full list »

Festo Board Members (14)

Name Representing Role Since
Ansgar Kriwet Festo Member of the Management Board Sales 000 0000
Christina Stoll Festo Board Member 000 0000
Curt Stoll Festo Vice Chairman 000 0000
Dirk Erik Loebermann Festo Member of the Management Board Operations 000 0000
Frank Melzer Ph.D Festo Member of the Management Board Product and Technology Management 000 0000
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Festo Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Festo Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Science Park Jönköping Accelerator/Incubator 000 0000 000000 0
To view Festo’s complete investors history, request access »

Festo Investments & Acquisitions (7)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 17-Apr-2018 0000000000 IT Consulting and Outsourcing 00000 000
000000000000 12-Apr-2016 0000000000 Electronic Components
00000000 23-Dec-2015 00000 0000 00000 Alternative Energy Equipment
0000000 00000 01-Jan-2015 0000000000 Machinery (B2B)
Festo Didactic 20-Jun-2014 Merger/Acquisition Educational Software 00000 000
You’re viewing 5 of 7 investments and acquisitions. Get the full list »

Festo Subsidiaries (4)

Company Name Industry Location Founded
Resolto IT Consulting and Outsourcing Herford, Germany 2003
00000 00000000 000 Distributors/Wholesale Frankenthal, Germany 0000
000000000000 00000 Electronic Components Burg, Switzerland 0000
00000 00000000 Educational Software Farmingdale, NJ 0000
To view Festo’s complete subsidiaries history, request access »

Festo Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000000 00000000 01-Jan-2015 000000000000000000 Completed
  • 00000
Atair Aerospace 14-May-2003 Corporate 00000 Completed
To view Festo’s complete exits history, request access »