Elexis was acquired by Doughty Hanson from Daimler Benz/AEG in December 1995.
At the time of the acquisition, Elexis was a technology group with two business divisions: Factory Automation Steel and Printing; and a division focusing on Factory Automation Plastics. The former concentrated on machine vision systems, control systems and new technologies in the field of quality assurance systems. The latter was a leading supplier of automated handling systems (robotics) for plastic injection moulding machines.
The company was floated on the Frankfurt Stock Exchange in May 1999 with a market capitalisation of €64.4 million.