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Festool belongs to TTS Tooltechnic Systems SE & Co. KG through Festool GmbH. Festool is owned by TTS Tooltechnic Systems SE & Co. KG, headquartered in Germany. No. The ultimate owner of Festool, TTS Tooltechnic Systems SE & Co. KG, is headquartered in Germany, not in the United States.
Festool GmbH is a German company specializing in high-quality power tools and accessories for professional users in the woodworking and construction industries.
Sources: vertexaisearch.cloud.google.com, vertexaisearch.cloud.google.com
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