As of July 13, 2020, the Pepperl+Fuchs parent company will be registered as a European company (Societas Europea). This change marks the end of a gradual transition that began last year with the transformation of Pepperl+Fuchs GmbH into Pepperl+Fuchs AG. The transition to SE supports the company’s long-term growth strategy and gives it additional agility in both consumer and capital markets.
“The SE gives us a modern framework under corporate law that will enable us to gear our strategic positioning toward the future,” explains Werner Guthier, CFO of the Pepperl+Fuchs Group. “The dynamic environment that is characterized by digitalization topics such as Industry 4.0 and the current corona pandemic makes it more important than ever to remain agile in the face of change.”
Even with its new legal structure, Pepperl+Fuchs SE will continue to remain in the hands of the existing family shareholders.
With 6,300 employees worldwide, Pepperl+Fuchs generated sales of 715 million Euros in 2019. The group is one of the leading companies for industrial sensor technology and explosion protection. Its headquarters in Mannheim serves as the hub for this technical expertise. This is where engineers and specialists research and develop the latest products and technologies. The family-owned company was founded in 1945 and now operates more than 40 subsidiaries around the world. Its global presence allows it to combine the best of both worlds: high technical standards and efficient, cost-effective production facilities. Pepperl+Fuchs has established itself as a partner for users of automation technology around the world and offers the most comprehensive portfolio of tried-and-tested components for factory automation and process automation.