MAN SE (abbreviation of Maschinenfabrik Augsburg-Nürnberg, ) was a manufacturing and engineering company based in Munich, Germany. Its primary output was commercial vehicles and diesel engines through its MAN Truck & Bus and MAN Latin America divisions, and participation in the manufacturer Sinotruk.[5]
MAN SE was majority-owned by Traton, the heavy commercial vehicle subsidiary of automaker Volkswagen AG,[6] until August 2021 when Traton completed a squeeze-out of all remaining shareholders and formally merged MAN SE into Traton SE, meaning the former subsidiaries of MAN SE were now directly owned by Traton, and MAN SE ceased to exist.[7]
History
Foundation
MAN traces its origins back to 1758, when the "St. Anthony" ironworks commenced operation in Oberhausen, as the first heavy-industry enterprise in the Ruhr region. In 1808, the three ironworks "St. Anthony", Gute Hoffnung (lit. 'Good Hope'), and Neue Essen (lit. 'New Forge') merged, to form the Hüttengewerkschaft und Handlung Jacobi (lit. 'Jacobi Iron and Steel Works Union and Trading Company'), Oberhausen, which was later renamed Gutehoffnungshütte (GHH).[1]
In 1840, German engineer Ludwig Sander founded in Augsburg the first predecessor enterprise of MAN in Southern Germany, namely the Sander'sche Maschinenfabrik. It firstly became the C. A. Reichenbach'sche Maschinenfabrik, which was named after the pioneer of printing machines Carl August Reichenbach, and later on the Maschinenfabrik Augsburg.[1] The branch Süddeutsche Brückenbau A.G. (MAN-Werk Gustavsburg) was founded when the company in 1859 was awarded the contract for the construction of the railway bridge over the Rhine at Mainz.
In 1898, the companies Maschinenbau-AG Nürnberg (founded 1841) and Maschinenfabrik Augsburg AG (founded 1840) merged to form Vereinigte Maschinenfabrik Augsburg und Maschinenbaugesellschaft Nürnberg A.G., Augsburg ("United Machine Factory Augsburg and Machine Building Company Nuremberg Ltd"). In 1908, the company was renamed Maschinenfabrik Augsburg Nürnberg AG, or in short, M·A·N.
Legal issues
In 2011, a former manager in the company was charged with bribery of Turkmen state officials in exchange for project contracts in 2002. The trial began in Munich in 2019 after a delay of the initial trial set for 2016.[20][21] The MAN manager was suspected in giving 8.4 million euros in bribes in 2002–2007 to the head of the state-owned Turkmennebit company, Saparmammet Veliev.
Sponsorship
MAN Truck & Bus is a sponsor and partner of various KTM teams and events, particularly in MotoGP and other racing series. They provide logistical support, including equipment and team transportation, using their high-performance trucks.[22]
See also
External links
References
- MAN SE - The MAN Group's History - Industrial Pioneering MAN SE, MAN.de, retrieved 23 November 2009^
- TRATON successfully completes merger squeeze-out of MAN SE TRATON SE, August 2021^
- Annual Report 2010 MAN Group, retrieved 3 April 2011