Hoesch AG

Hoesch
Native name
Hoesch AG
Company typePrivate
IndustryConglomerate, steel manufacturing, Mining
PredecessorBaroper Walzwerk
Dortmund-Hörder Hüttenverein
Friedrichshütte
Köln-Neuessener Bergwerksverein Edit this on Wikidata
Founded1871 (1871) in Dortmund, German Empire
FounderLeopold Hoesch
Defunct1992 (1992)
SuccessorThyssenKrupp
RevenueDM 2,358 billion
OwnerHoesch family
Number of employees
48,600+ (1965)

Hoesch (/hɜːrʃ/; German: Hoesch AG; formerly also Eberhard Hoesch & Sons and Hoesch-Werke) was a German steel and mining conglomerate headquartered in Dortmund and several subsidiaries across the Ruhr region and Siegen. Founded in 1871, by Leopold Hoesch, it employed over 30,000 people by 1938 and was among the largest companies in Nazi Germany.[1]

In 1972, the prominent steel producer merged with the Dutch Hoogovens steel company to form Estel.[2] Hoesch was formerly the largest employer in Dortmund.[2] In 1982, the merger with Dutch company Estel was stopped by Detlev Karsten Rohwedder, and Hoesch became again an independent company.[3] In 1991, German competitor Krupp (presently ThyssenKrupp) bought Hoesch and the merger was completed by 1992.[4]

  1. ^ "Das Phantom: Karl Hoesch (Kein Ersatz für Albert)". DerWesten (in German). Funke Mediengruppe. 9 November 2008. Retrieved 10 February 2019.
  2. ^ a b Josef Esser and Werner Wäth (1986). "Overcoming the Steel Crisis in the FRG". In Yves Mény and Vincent Wright (ed.). The Politics of Steel: Western Europe and the Steel Industry in the Crisis Years (1974-1984). European University Institute. p. 670. ISBN 9783110105179. Retrieved 1 March 2015.
  3. ^ Spiegel.de:Unzumutbarer Partner (October 4, 1982) (german)
  4. ^ Zeit.de: Ein Mythos verblasst (german), August 28, 1992

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