# TTS Tooltechnic Systems acquires SawStop

TTS Tooltechnic Systems, parent of Festool, acquired SawStop LLC. The deal is expected to close in July 2017, with SawStop's management continuing to operate from Oregon.

- Type: Acquisition
- Announced: 2017-06-26
- Where: Tualatin, Oregon, United States
- Status: announced
- Products: woodworking safety tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [TTS Tooltechnic Systems](https://endata.com/companies/17302.md) (acquirer)
- [SawStop](https://endata.com/companies/17303.md) (target)

## Sources

- [sawstop.com](https://www.sawstop.com/learn-explore/news/sawstop-to-be-acquired-by-tts-tooltechnic-systems/), 2017-06-26: "We are proud to join a company with a shared passion for customer safety, product quality and meticulous engineering."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.