: TTS Tooltechnic Systems, a family-owned German group that also owns brands like Tanos and Cleantec.
: The partnership led to the integration of SawStop’s AIM (Active Injury Mitigation) technology into Festool products, such as the Festool TKS 80 Table Saw. Financial Context how much did festool buy sawstop for
: At the time of the sale in 2016, SawStop’s annual sales revenue was reported at just under $40 million. : TTS Tooltechnic Systems, a family-owned German group
The official purchase price for by TTS Tooltechnic Systems (the parent company of Festool ) was never publicly disclosed. Both companies are privately owned and agreed to keep the financial terms of the July 2017 deal confidential. : TTS Tooltechnic Systems
: SawStop continues to operate as a separate legal entity with its original management team based in the United States.
