1926 Major Parts of the Thyssen Group Transferred to Vereinigte

Major parts of the Thyssen group trasferred to Vereinigte Stahlwerke AG - Weimar Republic - ThyssenKrupp AG

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Executive Board 1926 Major parts of the Thyssen group transferred to Supervisory Board Vereinigte Stahlwerke AG. Compliance

Procurement Entry on August Thyssen-Hütte in the production and sales plan of Vereinigte Business Areas Stahlwerke AG, 1929. Fair calendar enlarge

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Companies going through change In 1925 the need for capital and the excess capacities on the German steel Chronicles market convince August Thyssen, by then over 80, to agree in principle to Wilhelminian period transfer his companies to a new merged group, Vereinigte Stahlwerke AG, Weimar Republic bringing together all coal and steel companies in the Ruhr area with the Third Reich exception of Hoesch, Gutehoffnungshütte, Mannesmann, Klöckner and Krupp. The aim of the merger is to solve the cost and production problems Bonn Republic facing the iron and steel industry caused by excess capacities. A few weeks Pastures new after August Thyssen's death (April 4, 1926) his son Fritz and his nephew The founding families Hans (for the Joseph Thyssen line) agree to transfer their Thyssen companies to Vereinigte Stahlwerke AG. Logos

Archives Breakdown of interests held in Vereinigte Stahlwerke AG in 1926. Index enlarge

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Fritz Thyssen is appointed supervisory board chairman of the new group. Upon foundation of Vereinigte Stahlwerke AG, Thyssen's coal and steel operations are valued at 26% of the nominal capital stock of 800 million reichsmarks. Heinrich Thyssen-Bornemisza does not transfer his industrial inheritance to Vereinigte Stahlwerke AG, but initially combines these companies in August Thyssen'sche Unternehmungen des In- und Auslandes GmbH. Locations Overview

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Entry on August Thyssen-Hütte in the production and sales plan of Vereinigte Stahlwerke AG, 1929.

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http://www.thyssenkrupp.com/independent/zoom_image.html?id=336&lang=en ThyssenKrupp AG

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Breakdown of interests held in Vereinigte Stahlwerke AG in 1926.

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http://www.thyssenkrupp.com/independent/zoom_image.html?id=337&lang=en