Münchmeyer & Co.
| Münchmeyer & Co. | |
|---|---|
| legal form | |
| founding | 1855 |
| resolution | 1997 |
| Reason for dissolution | Company purchase |
| Seat | Hamburg , Germany |
| Branch | Commerce, banking house |
Münchmeyer & Co. was a Hamburg trading company and private bank .
history
Hermann Münchmeyer the Elder Ä. (1815–1909), scion of an old Lower Saxon family and son of a doctor , was initially co-owner of the trading company Münchmeyer, Reimers & Nölting, founded in Hamburg in 1846 . In 1855 he founded the Münchmeyer & Co. wholesale company as a legal successor - also in Hamburg . Worldwide import and export as well as financial transactions were the main pillars of this company.
Hermann's son Alwin Münchmeyer d. Ä. (1844–1895) and his grandson Hermann Münchmeyer the Elder. J. (1875–1950) were subsequently co-owners of the family business. His great-grandson Alwin Münchmeyer d. After 1968, J. (1908–1990) split the diverse activities of the family business into a trading company and a private bank.
In 1969, the Münchmeyer & Co. bank merged with the two banks Schröder Gebrüder & Co. and Friedrich Hengst & Co. to form the Hamburg private bank SMH Schröder, Münchmeyer, Hengst & Co. , of which Münchmeyer became the personally liable partner. In 1997 the bank was taken over by UBS .
The trading house Münchmeyer & Co. merged in 1972 with the Hamburg company R. Petersen & Co. to form MPC Münchmeyer Petersen & Co. This founded MPC Capital Vermittlung GmbH & Co. KG in 1994 . From this went 1999 MPC Capital AG forth, whose majority shareholder, the MPC Münchmeyer Petersen & Co. is.