SawStop announced the acquisition of SawStop, LLC by TTS Tooltechnic Systems, a third-generation family-owned company based in Wendlingen, Germany. The TTS family of companies includes Festool, Tanos, Cleantec and others, and employs more than 2,500 people around the globe.
The acquisition is expected to be completed in July 2017. SawStop’s current management team will continue to operate the company out of its Oregon headquarters.
“We are proud to join a company with a shared passion for customer safety, product quality and meticulous engineering,” said SawStop’s President, Dr. Stephen Gass.
