| Industry | Armaments |
|---|---|
| Founded | 1888 |
| Defunct | 1897 |
| Fate | Acquired |
| Successor | Vickers, Sons and Maxim |
| Headquarters | 32 Victoria Street SW, London, UK |
| Products | Machine guns Artillery Ammunition |
The Maxim-Nordenfelt Guns and Ammunition Company was the result of a takeover by Hiram Maxim of Thorsten Nordenfelt's Nordenfelt Guns and Ammunition Company in 1888. Rothschild issued £1.9 million (1888) (equivalent to £264.26 million or US$328.46 million in 2023)[1] worth of shares to finance the merger. Nathan Rothschild retained a substantial shareholding in the new Maxim-Nordenfelt combine and ‘exerted a direct influence over its management’.[2]
- ^ United Kingdom Gross Domestic Product deflator figures follow the MeasuringWorth "consistent series" supplied in Thomas, Ryland; Williamson, Samuel H. (2024). "What Was the U.K. GDP Then?". MeasuringWorth. Retrieved July 15, 2024.
- ^ Niall Ferguson, House of Rothschild, The World’s Bankers, 1819-1999, vol. 2. p. 413.
© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search