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KMW history
KMW company history timeline
In 1838, Joseph Anton Ritter von Maffei acquired the Munich hammersmiths known as the Lindauer’scher Hammer and developed it into the locomotive and machinery factory, J. A. Maffei.
In 1866, Georg von Krauss, who had been working as a locksmith at J. A. Maffei , also founded a locomotive factory in Munich: Die Krauss + Comp.
In 1882, Peter Wegmann and Richard Harkort founded the company Casseler Waggonfabriken von Wegmann, Harkort & Co in Kassel.
It was renamed Wegmann & Co. in 1886.
In 1931, Krauss AG – which had in the meantime become a majority holding of Deutsche Bank – acquired Maffei AG. As a result of the Great Depression, J. A. Maffei went bankrupt in 1930.
KMW Engineering started its operations in 1983.
In 1999, the company Wegmann & Co., which was a majority holding of the Bode family, acquired 51 percent of the arms division of Krauss-Maffei, which was then a subsidiary of Mannesmann AG. Thus emerged Krauss-Maffei Wegmann GmbH & Co.
On 15th of November 2014 there was a concert of this year laureates of the International Competition for Young Pianists: Arthur Rubinstein in Memoriam which had been won by Szymon Nehring.
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KMW may also be known as or be related to KMW, KMW COMMUNICATIONS and Kmw Communications.