Type | GmbH |
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Industry | Manufacturing |
Founded | 1925 / 2000 |
Headquarters | Wendlingen, Germany |
Products | Power tools |
Revenue | €180 million |
Employees | 700 |
Website | www.festool.com |
Festool is one of the world's leading producers of high end power tools especially for cabinetry. It is located in Wendlingen, Germany, where all its power tools are produced. The company is a subsidiary of the TTS Tooltechnic Systems holding company.
Festool was established as an independent company in 2000, after being spun off from its parent company Festo which was concentrating on automation technology. The company had originally been founded in 1925 by Albert Fezer and Gottlieb Stoll to manufacture woodworking machinery.
Festool is the inventor of the first portable chainsaw, the orbital sander, the portable circular saw with guide rail, the Domino jointer, the Systainer storage system and a number more.
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