Stinnes AG
The Stinnes AG is a former subsidiary of Deutsche Bahn AG in the department of transport and logistics ( DB Logistics ). The company specialized in the sale of logistics services. The original Stinnes AG included u. a. the companies of Mathias Stinnes (since 1808) and Hugo Stinnes (since 1892). At times the company was also called Hugo Stinnes Corporation and Hugo Stinnes AG .
history
Today's Stinnes AG houses, on the one hand, the company part founded by Mathias Stinnes in 1808 for shipping and coal mines and, on the other hand, the company part of his most successful grandson Hugo Stinnes , the parallel existing Hugo Stinnes GmbH for coal trading and energy generation from coal.
Hugo Stinnes was a very successful entrepreneur in his day, so that in the last years of his life both companies were under his leadership; In total there were over 3,000 companies in a wide variety of industries. In the year of his death in 1924, the Stinnes family was the largest employer in the world with over 600,000 employees.
His son Hugo Stinnes junior then took over the business. He ignored his father's two pieces of advice on his deathbed to pay off all debts and make peace with the banks. The Empire came into the world economic crisis in financial difficulties. At that time, the European banks no longer had enough equity and risk tolerance, so US banks had to help out. To this end, the "Hugo Stinnes Corporation" was founded in 1926, in which the US banks held 46 percent. All essential assets of the Stinnes family were brought into the Hugo Stinnes Corporation.
When the US took part in World War II in 1941 , they confiscated the family share in the Hugo Stinnes Corporation as enemy property. In 1947 Heinz P. Kemper was appointed trustee of the Allies . Under him, the Hugo Stinnes Corporation developed excellently in the post-war years and achieved great economic importance for the then young Federal Republic of Germany . Kemper and the then Federal Chancellor Konrad Adenauer campaigned for Stinnes to become a German company again. In direct negotiations with Dwight D. Eisenhower , Konrad Adenauer succeeded in doing this in 1956 together with a bank consortium, in which the Stinnes family was not allowed to be involved according to the requirements of the US government.
In 1961, the Hugo Stinnes Corporation changed into the newly founded Hugo Stinnes AG . In 1964, Hugo-Stinnes AG achieved sales of DM 1.299 billion and in 1965 95 percent of what was then Veba (now E.ON ) took over. Under the Veba, the company became a pure logistics service provider again. In 1977 the company achieved sales of DM 9.390 billion.
In 1979 the company changed its name to Stinnes AG . Stinnes AG has been 100 percent owned by Veba since 1992.
In 1999 Veba brought Stinnes AG to the stock exchange with the long-term strategic goal of completely parting with this stake. In 2002 Veba, now renamed E.ON , succeeded in doing this after the Supervisory Board approved the sale to Deutsche Bahn (DB). After the minority shareholders who were forcibly excluded from Deutsche Bahn were deemed to have been settled in 2003 , Stinnes AG was fully integrated into the DB Group. Talks about the takeover of the company by Deutsche Bahn began in the summer of 2000.
The former group companies Brenntag and Interfer were sold in March 2004.
Today's business
Stinnes AG was initially a business area in DB Logistics, to which Railion and Schenker also belong. Stinnes AG itself comprised the business areas Stinnes Freight Logistics , specializing in the transport of bulk goods, and Stinnes Intermodal , specialist in combined transport.
On February 6, 2008, Stinnes AG was renamed DB Mobility Logistics AG and now serves as a holding company for the transport, logistics and service companies of the DB Group as part of the planned partial privatization of Deutsche Bahn.
Web links
- Industrial dynasties in NRW: The Stinnes Empire ( Memento from July 28, 2006 in the Internet Archive ) (WDR - documentary series)
- Early documents and newspaper articles on Stinnes AG in the 20th century press kit of the ZBW - Leibniz Information Center for Economics .
Individual evidence
- ↑ Spruchverfahren squeeze-out Stinnes AG: Düsseldorf Higher Regional Court submits case to the BGH , lawyer blog, September 16, 2014, accessed on May 26, 2015.
- ↑ Hartmut Mehdorn: "I never wanted to be a diplomat" . Hoffmann and Campe, Berlin 2007, ISBN 978-3-455-50047-9 , p. 113
- ↑ http://www.berlinonline.de/berliner-unternehmen/detail.php?hr=89517&type=B ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
