Toschi Passamanerie was founded in 1948 in Bologna (Italy), as a small and craft company specialized in manufacturing trimmings for furnishing. In 1970 Franco e Luisa Magrin took over the company, and start to produce also trimmings and accessories for fashion, soon becoming one of the first producers of these items in Italy.

In 1980 the company moved its headquarters, and in 2004 changed the company structure from individual liability company into a limited liability company, while maintaining its vocation to craft business, keeping all the old textile machinery and choosing not to outsource production.

Since 1990 the company's production is classified at the Chamber of Commerce of Bologna as "artistic and craft".