Gustav Goldenberg began making hand tools in Germany in 1835. A second factory was built two years later. Production was limited to files and rasps. Expansion of the product line occurred rapidly. Craftsmen developed preferences for particular styles of tools due to isolation. Gustav studied these styles and made variations of his tools.

The company moved to France about 1870 and merged with Peugeot Freres a hundred years later. This company became part of Stanley in 1986.

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