Metabowerke GmbH is a manufacturer of power tools for professional users headquartered in Nürtingen, Germany. The company was founded in the 1920s and got its name from a hand drill, the so-called "Metallbohrdreher". Today, Metabo offers a wide range of power tools. The company is owned by the American investment firm Kohlberg Kravis Roberts & Co. In 1923, Albrecht Schnizler built his first hand drill in his parents' bakery in Nürtingen. 50,000 copies of this drill were sold under the designation No. 18 and one year later the Schnizler GmbH was founded. Co-founder Julius Closs was the owner of a brewery called “Sonnenbrauerei” in Nürtingen. The company moved into the rooms of this brewery located in Church Street. Walter Rauch became an associate in 1927 and managed the national and international distribution of the machines. In 1932, the company was renamed Metabowerke Closs, Rauch & Schnizler KG. The plant was spared serious damages during the war years, but in late autumn of 1945, a fire destroyed close to 75% of the manufacturing facilities. The reconstruction was completed in 1948. More information...
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