Physik Instrumente (PI) Founds PI Innovation GmbH: Lucius Amelung from PI miCos Changes over to the Management Board of the New Company

Lucius Amelung has been the managing director of the newly founded PI Innovation GmbH since July 1, 2018 (Source: PI)

The foundation of the new company underlines PI's commitment to continued progress and growth. The main objective of PI Innovation GmbH in the age of Industrie 4.0 and digitization is to be in a position to identify market trends and customer demands much earlier and put this knowledge into developing technology and innovative products.

Lucius Amelung takes on this new challenge with a great deal of pleasure and enthusiasm. In order to put the same energy into the interests of the new company as he did for PI miCos, he now hands over to Dr. Peter Schittenhelm after 28 years of successful management. Dr. Schittenhelm will take on this function in conjunction with his responsibilities as Chief Operations Officer (COO) of the PI Group. In addition to Lucius Amelung, Markus Spanner, Managing Director Finance & Controlling (CFO) of the PI Group, will also be a member of the General Management of PI Innovation GmbH.

During the course of the change in the General Management, PI (Physik Instrumente) GmbH & Co. KG also acquires the remaining shares of PI miCos and this means that the company will now be a wholly-owned subsidiary.

PI miCos will be reinforced and further developed into a center of expertise for motorized positioners within the PI Group. In this way, potential for growth is to be exploited to meet the increased requirements from industry for precision automation.

PI in Brief

Well known for the high quality of its products, PI (Physik Instrumente) has been one of the leading players in the global market for precision positioning technology for many years. PI has been developing and manufacturing standard and OEM products with piezo or motor drives for 40 years. By acquiring the majority shares in ACS Motion Control, a worldwide leading developer and manufacturer of modular motion controllers for multi-axis and high-precision drive systems, PI has made a major step forward in providing complete systems for industrial applications with the highest demand on precision and dynamics. In addition to four locations in Germany, the PI Group is represented internationally by fifteen sales and service subsidiaries.