Festool was created in Esslingen am Neckar (Germany) in 1925 by Albert Fezer and Gottlieb Stoll.
From the beginning, the idea was to create machinery to make the work of professionals easier. Fezer & Stoll machines offered the perfect solution: they were flexible, versatile, and could be taken wherever you needed them.
Their names live on to this day in the Festo and Festool brands.
(Source: https://www.festool.es/empresa/historia-de-la-empresa#Fundadoresvalientes)