In 1889, Max Bessey founded the company Bessey & Son in Stuttgart as a bright steel drawing plant. Since then, the company has continuously expanded the range of products it offers.  In 1979, with the takeover of Diener Werkzeugfabrik GmbH, Bessey established its cutting technology unit with the already popular Erdi Snips.
In 2004 Bessey & Son was split into Bessey Tool (handling the clamping and cutting technology areas) and Bessey Precision Steel (a leading German supplier of high-quality bright and stainless steels). This unique positioning of Bessey as a producer of tools and precision steels allows Bessey to procure its rails and spindles directly from Bessey Precision Steel, giving it precise knowledge of the steel quality that is going into each component. Bright steels are produced and tested at Bessey Precision Steel with consistently high quality and the utmost precision, in cutting-edge facilities.