WHITE BEAR LAKE, MN, USA (SEPTEMBER 18, 2024) — Wilson Tool International, the largest independent manufacturer of tooling systems for punch presses, press brakes, and punch and die components for the stamping industry, is pleased to announce the acquisition of PASS Stanztechnik AG, a manufacturer of precision punch press tooling located in Creuβen, Germany.
Established in 1982, PASS is celebrated for providing cutting-edge punching tools and custom solutions that are compatible with Trumpf, Salvagnini, and Thick Turret systems worldwide. PASS shares Wilson Tool’s dedication to delivering exceptional solutions for complex customer needs, with a strong focus on quality, service, and innovation to advance the sheet metal industry. Both companies are proud of their family-oriented values and their commitment to the well-being and development of their employees.
This strategic acquisition strengthens Wilson Tool’s extensive product portfolio, service, manufacturing capabilities, and ability to deliver industry-leading solutions and support to customers worldwide. The combination of the two companies will give Wilson Tool a dominant presence in the European market and enable PASS to expand their technology tool set and accelerate their build-out of a more extensive global footprint.
Additionally, the combined strength of their respective patent catalogs, global design teams, and best-in-class manufacturing capabilities will extend a strong history of innovation and delivery of cutting-edge technological advancements for both companies.
There will be no immediate operational changes for either company. Customers, partners, and employees will experience no disruption in their current business activities. Moving forward, the combined entity will concentrate on global expansion, offering a broader range of solutions, and continuous improvement to ensure exceptional delivery, support, and innovation.
Paul Johnson, CEO of Wilson Tool Enterprises, remarked, “This acquisition underscores our ongoing commitment to the punching industry and ushers in a new era of growth and innovation for both companies. As family-owned businesses, Wilson Tool and PASS AG share foundational values centered on customer service, quality, innovation, and the well-being of our employees. I am excited to work with Michael and his team to extend our market leadership together.”
Michael Bauer, CEO of PASS Stanztechnik AG, added, “I firmly believe that this sale from one entrepreneurial family to the next is essential for the strategic growth of PASS Stanztechnik AG. By joining the Wilson Group, PASS Stanztechnik AG gains access to a larger global distribution network, which in turn enables support for our OEM partners and customers around the world. This paves the way for higher growth rates in the coming years and thus further secures our location in Germany.”
For more information about Wilson Tool International or PASS Stanztechnik AG, please visit wilsontool.com/about and pass-ag.com/about
For more information or high-resolution images, contact Ann Beaupre, [email protected] or Elke Kӧnig [email protected].
###
About Wilson Tool
Since 1966, Wilson Tool International (wilsontool.com) has become the world’s largest independent manufacturer of precision tooling systems for punch presses, press brakes, and stamping components. Our leading-edge innovation, extensive product portfolio, custom tooling solutions, and comprehensive engineering support enhance the performance, quality, and profitability of sheet metal fabricators in over 80 countries. With global manufacturing facilities in Brazil, Canada, Italy, the United Kingdom, and the USA, and supported by a worldwide network of sales engineers, OEM partners, and distributors, Wilson Tool is dedicated to delivering exceptional solutions and superior service to meet the evolving needs of metal fabricators worldwide.
We make the tools that make the parts that make the things that matter.