The company was founded in 1924 by Albrecht Schnizler, Julius Closs and Walter Rauch (originally under the name Schnizler GmbH but renamed in 1932) and is based in Nürtingen, Germany. In 2005 Metabo had 2,400 employees, of which 1460 were employed in Nürtingen. The turnover of the company in 2006 was 392 million euros. More than 500 patents and utility models (Gebrauchsmuster) have been registered.
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