Schneider says the agreement responds to three key aspects of its strategy:
• Acceleration of growth in the packaging machinery OEM market
• Widening of its offering in the motion control field
• Enhancement of its presence in the German industrial automation market.
Elau contends that this agreement will accelerate its growth, while maintaining its identity as a technology leader in packaging. Working with Schneider, the company says, will create a worldwide engineering and service network.