The Canela group was established in 1967 by Ramon Canela. In 1974 the manufacturing of tools for indexable inserts began, in 1977 Microfusió Catalana was founded and started metal casting using the lost-wax process as an additional activity to the manufacture of tools.

The quality of Canela products is well known worldwide, and many tools coming out of their manufacturing plants will be later shown by the major brands in the market.