Mannesmann
The name Mannesmann ceased to exist in the engineering, automotive and telecommunications sectors soon after Vodafone purchased the company.[2] In 1890, due to technical and financial start-up problems, the tube and pipe mills existing on the continent were folded into Deutsch-Österreichische Mannesmannröhren-Werke AG.To reduce the associated risk, the company started to broaden into a vertically integrated iron and steel group in the first half of the twentieth century.However, before these plans could materialize, a historic takeover battle lasting several months ended with the acquisition of Mannesmann by the British mobile phone company Vodafone in 2000.KraussMaffei logos and trademarks are transferred to Krauss-Maffei Kunststofftechnik GmbH, plastics and molding equipment subsidiary that was spun off in 1986.During the Second World War, when the company was chaired by Nazi Party activist Wilhelm Zangen, slave labour was employed at their tube rolling mills.The accused, among others the chairman of the supervisory board at the time of the takeover, Josef Ackermann, and the former CEO of Mannesmann, Klaus Esser, were initially granted a full discharge by the court.However, after revision proceedings, the Bundesgerichtshof Federal Court of Justice overruled the contested judgment and referred the case back for retrial at the Landgericht.
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