The story
In 1976 Arthur Eugster started manufacturing electric home appliances such as egg cookers and waffle irons. In 1978, Arthur Eugster and his brother Markus founded the Frismag AG in Amriswil and began producing coffee machines. A commercial breakthrough came with a low-budget espresso machine that sold very well in the United States in 1984. In 1989 they established a subsidiary in Portugal for the assembly of automatic coffee machines. In the early 1990s additional production facilities were established in Switzerland, and in 1994 their first fully automatic coffee machine was launched. In 1995 the separate companies merged to form Eugster/Frismag AG and the group's headquarters relocated to Romanshorn. In 1997, Eugster/Frismag entered into a partnership in China for the production of drip brew machines, which was transferred to a joint venture company in 2005.
From Wikipedia’s article on Eugster/Frismag, shared under CC BY-SA 4.0.4