Mannesmann

Mannesmann AG
Industryconglomerate
PredecessorEssener Steinkohlenbergwerke
Hartmann & Braun
Kammerich Werke AG
Mannesmannröhren-Werke AG
ZF Sachs Edit this on Wikidata
Founded16 July 1890 (1890-07-16)
FounderReinhard and Max Mannesmann
DefunctAugust 22, 2001 (2001-08-22)
FateTaken over by Vodafone
SuccessorVodafone
Headquarters,
Germany
Area served
Germany
ProductsSteel
Engineering (mechanical & electrical)
automotive
telecommunications
OwnerVodafone
ParentVodafone PLC
Websitewww.mannesmann.com Edit this on Wikidata
Brass sign from Mannesmann-Rohrbau AG – Munich

Mannesmann was a German industrial conglomerate. It was originally established as a manufacturer of steel pipes in 1890 under the name "Deutsch-Österreichische Mannesmannröhren-Werke AG" (lit. "German-Austrian Mannesmann pipe-works joint-stock company"). In the twentieth century, Mannesmann's product range grew and the company expanded into numerous sectors; starting from various steel products and trading to mechanical and electrical engineering, automotive and telecommunications. From 1955, the conglomerate's management holding with headquarters in Düsseldorf was named Mannesmann AG.

The particular success of the corporate activities in the area of telecommunications that started in 1990 was the predominant reason for the takeover of Mannesmann by the British telecommunications company Vodafone in 2000, still one of the largest-ever company takeovers worldwide. Back then, the Mannesmann Group had 130,860 employees worldwide and revenues of €23.27 billion.

The name Mannesmann ceased to exist in the engineering, automotive and telecommunications sectors soon after Vodafone purchased the company. It lives on in the steel industry, particularly in the steel tube and pipe industry, as the German steel manufacturer Salzgitter AG bought the pipe production division of Mannesmannröhren-Werke AG (today Mannesmannröhren-Werke GmbH), as well as the Mannesmann brand.


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