Pepperl+Fuchs to Convert into a European Company (SE) by 2020

  Enquiry / contact me

Following the now completed conversion into a stock corporation (AG), Pepperl+Fuchs has undertaken an incremental conversion into a European Company (Societas Europaea) by 2020 to ensure growth and flexibility for global challenges like Industry 4.0

Industry 4.0

Werner Guthier, CFO at Pepperl+Fuchs
Werner Guthier, CFO at Pepperl+Fuchs

Pepperl+Fuchs has decided to undertake an incremental conversion into a European Company (Societas Europaea) by 2020 to ensure its growth strategy in the long term, and to be able to face future challenges on a global scale with flexibility and agility - in particular the challenges of Industry 4.0.

Trade facilitation and expansion

"The legal regulations associated with an SE will facilitate trade and possible expansion activities in the EU area," says Werner Guthier (CFO of the Pepperl+Fuchs Group). "At the same time, the SE legal form also offers us new options on the capital markets in contrast to the GmbH legal form. Overall, we consider this to be an important step toward ensuring sustainable success for the Group in the future."

Following the now completed conversion into a stock corporation (Pepperl+Fuchs AG), the necessary legal conditions are in place for the conversion into Pepperl+Fuchs SE, in accordance with applicable EU legal requirements. 
 

Posted on July 23, 2019 - (758 views)
Related articles
Pepperl+Fuchs Organizes First Free Online Summit from July 20 to 24
Phoenix Contact, Quectel and Ericsson Jointly Develop the First Industrial 5G Router for Private Networks
Deutsche Messe Launches Hannover Messe Digital Days to be Held from 14 to 15 July 2020
Industrial Communication Gateway ECU-1251
Rugged COM Express Type 6 Module
EuroTech enters IBM Edge Ecosystem
PTC, Rockwell Automation, and Microsoft Launch ‘Factory Insights as a Service’
''Ethernet/IP is a Leading Network in both the Process and Factory Automation Sectors''
GAIA-X Starts Broadly Supported by the Industry and Many Other User Domains
FDT IIoT Ecosystem to Connect and Empower Today's Intelligent Industrial Enterprise
Open Standards Platforms
Co-creating the Future of the IoT World
Co-creating the Future of the IoT World
Procentec: Industry 4.Human
Robot Tools RFID Identifications
Co-creating the Future of the IoT World
Hannover Messe: Home of Industrial Pioneers
Procentec Diagnostic Tools
Embedded Solutions for IoT Applications
Advantech Co-creates the Future