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.
: The sale occurred shortly after SawStop won a significant legal victory against Bosch regarding flesh-sensing technology patents.
: Industry observers at Sawmill Creek speculated the price was likely under $100 million based on typical revenue multiples for tool companies. how much did festool buy sawstop for
: The deal included the SawStop headquarters in Tualatin, Oregon, along with its extensive portfolio of over 100 patents and intellectual property.
While a specific number is not available, here are the key details of the acquisition: Acquisition Details The official purchase price for by TTS Tooltechnic
: 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
: SawStop continues to operate as a separate legal entity with its original management team based in the United States. : Industry observers at Sawmill Creek speculated the
: At the time of the sale in 2016, SawStop’s annual sales revenue was reported at just under $40 million.