
Phoenix Contact takes over Epsilon
On August 31, the Phoenix Contact Group took over the Baden-Württemberg company Epsilon, Gesellschaft für technische Informatik, with the aim of strengthening its marking and installation business.
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On August 31, the Phoenix Contact Group took over the Baden-Württemberg company Epsilon, Gesellschaft für technische Informatik, with the aim of strengthening its marking and installation business.

Phoenix Contact has announced its figures for 2016. According to the figures, the Blomberg-based group of companies was able to increase its turnover by 3.2% last year. This year, the 2 billion euro mark is set to be reached.

With Industry 4.0, automation technology must become more adaptable and communicative - this is the conviction of Phoenix Contact. In Nuremberg, the Blomberg-based company lifted the curtain on PLCnext - its upcoming open control technology - for the first time.

The family-owned company Phoenix Contact now has an advisory board to advise the management. The Blomberg-based company has also strengthened its position in the field of network technology.
At the end of March, Phoenix Contact Innovation Ventures acquired a stake in Eologix Sensor Technology. The six-figure investment is intended to accelerate the company's expansion.