Gigaset AG (originally Bad Salzschlirf AG, later Arques AG and Arques Industries AG) is a multinational corporation based in Munich, Germany.[2]
Founded in 1900 by Hermann Vollrath, it was responsible for the holding activities of the subsidiary Gigaset Communications until the sale of the subsidiary to VTech in 2024.[3]
History
On 26 January 1900, Hermann Vollrath founded Bad Salzschlirf, which acquired the entire spa business for 1.25 million marks in the Bad Salzschlirf resort, which had existed since 1838. In addition, Bad Salzschlirf acquired the rights to the springs and mines, the bottled water from the Bonifatius spring in Salzschlirf, which was distributed, among other products like soft drinks. The company issued shares with a nominal value of 100 and 1,000 marks. Regular spa operations ceased with the outbreak of war in 1939. The three spa hotels owned by Bad Salzschlirf were confiscated and subsequently used as a military hospital for wounded soldiers.