
Expansion in North and South America and India
After years of strong growth, 2023 was a year of consolidation for Festo. At around 3.65 billion euros (- 4.3%), turnover was just below the previous year's level
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After years of strong growth, 2023 was a year of consolidation for Festo. At around 3.65 billion euros (- 4.3%), turnover was just below the previous year's level

SEW-Eurodrive at the Hanover Fair
Together with Knauf, SEW-Eurodrive will be showcasing drive technologies and solutions with which building material manufacturers can become fit for the future.

The 'SD4M' from Sieb & Meyer is equipped with 'three-level technology'. The compact frequency inverter is suitable for high-speed flow machines and HSC milling machines, for example in the aerospace sector.

With the 'PD1-C', Nanotec is launching the company's smallest stepper motor with integrated controller and encoder.

Siemens and ebm-papst have concluded a sales agreement. With the acquisition of ebm-papst's industrial drive technology division, the Group intends to expand its Xcelerator portfolio.

SEW-Eurodrive at the Logimat 2024
SEW-Eurodrive manufactures mobile logistics assistants for pallet transportation. These driverless transport vehicles are developed from the 'Maxolution' technology kit for mobile transport and assistance systems.

After 14 years, SIAF Guangzhou became SPS - Smart Production Solutions Guangzhou. The renaming of the event is intended to create a closer connection with SPS in Germany.

Nanotec is expanding its product range to include the compact NME3 magnetic encoder. Thanks to its modular design, it can be combined with a wide range of brushless DC and stepper motors from size NEMA 8.

According to the manufacturer Baumüller, the 'b maXX 6000' servo controllers offer more performance and scalability. More performance is ensured, for example, by safety functions that have been specially developed for applications with high dynamic and precision requirements.

Nanotec is expanding its management team: CEO Stephan Huber and Chief Technical Officer Dr. Christian Hainzlmaier will manage the electronics company together with Elke Zec, Chief Financial Officer, and Durmus Özcan, Chief Sales Officer.