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Federtec (x-ASSIOT) - Italian Association of Mechatronic Technologies and Components for Fluid Power, Power Transmission, Smart Automation and Control of Industrial Products and Processes. After the establishment of FEDERTEC in 2019 thanks to the merger of ASSIOT (Italian Transmission Elements and Gears Manufacturers Association) and ASSOFLUID (Italian Fluid Power Association), also FNDI (National Federation of Industrial Distribution) has been incorporated into FEDERTEC from April 2022, adding a new piece to the mechatronic technologies chain. FEDERTEC has 280 member companies and represents one of the most important industrial sectors in Italy and worldwide, with a production of 12.5 billion euros (60% of which is exported), and 55,000 employees.