A trade name , trading name , or business name is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is fictitious business name . Registering the fictitious name with a relevant government body is often required.
69-485: Friedrich Krupp AG Hoesch-Krupp (formerly Fried. Krupp AG and Friedrich Krupp GmbH ) trading as Krupp , was the largest company in Europe at the beginning of the 20th century as well as Germany 's premier weapons manufacturer during both world wars . It produced battleships , U-boats , tanks , howitzers , guns , utilities, and hundreds of other commodities. The company also produced steel used to build railroads in
138-413: A philanthropic organisation. Krupp's mother, Bertha Krupp , inherited the company in 1902 at the age of 16 when her father, Friedrich Alfred Krupp committed suicide following public allegations of homosexuality by newspapers. In October 1906, Bertha married Alfried's father, Gustav von Bohlen und Halbach , a German diplomat and member of the nobility in a Lutheran ceremony, who subsequently added
207-420: A DBA must be registered with a local or state government, or both, depending on the jurisdiction. For example, California, Texas and Virginia require a DBA to be registered with each county (or independent city in the case of Virginia) where the owner does business. Maryland and Colorado have DBAs registered with a state agency. Virginia also requires corporations and LLCs to file a copy of their registration with
276-467: A DBA statement, though names including the first and last name of the owner may be accepted. This also reduces the possibility of two local businesses operating under the same name, although some jurisdictions do not provide exclusivity for a name, or may allow more than one party to register the same name. Note, though, that this is not a substitute for filing a trademark application. A DBA filing carries no legal weight in establishing trademark rights. In
345-708: A contract with the British armaments company Vickers and Son Ltd. (formerly Vickers Maxim) to supply Vickers-constructed Maxim machine guns. Conversely, from 1902 Krupp was contracted by Vickers to supply its patented fuses to Vickers bullets. It is known that wounded and deceased German soldiers were found to have spent Vickers bullets with the German inscription "Krupps patent zünder [fuses]" lying around their bodies. Krupp received its first order for 135 Panzer I tanks in 1933, and during World War II made tanks , artillery, naval guns, armor plate, munitions and other armaments for
414-476: A contract, invoice, or cheque, they must also add the legal name of the business. Numbered companies will very often operate as something other than their legal name, which is unrecognizable to the public. In Chile , a trade name is known as a nombre de fantasía ('fantasy' or 'fiction' name), and the legal name of business is called a razón social (social name). In Ireland , businesses are legally required to register business names where these differ from
483-510: A problem for Ford Motor Company in 1964 when they desired to export their car of the same name to Germany, especially since American military personnel stationed there wanted the new car. Although Krupp offered to sell the Mustang name to Ford for a reasonable price, Ford declined and as a result, badged all Mustangs destined for Germany "T-5." By 1978 Krupp's rights to the Mustang name expired and all Mustangs exported to Germany henceforth retained
552-554: A scandal and a settlement in 1957. Krupp never disavowed his allegiance to Hitler. According to Manchester, he kept a copy of Mein Kampf on his bedside table to the day of his death. Prior to Krupp's death from lung cancer , his assistant, Berthold Beitz , worked to transfer control of the company to a Stiftung (foundation), called the Alfried Krupp von Bohlen und Halbach Foundation , to be monitored by three members of
621-434: A simpler name rather than using their formal and often lengthier name. Trade names are also used when a preferred name cannot be registered, often because it may already be registered or is too similar to a name that is already registered. Using one or more fictitious business names does not create additional separate legal entities. The distinction between a registered legal name and a fictitious business name, or trade name,
690-413: A trade name is known as a nombre de fantasía ('fantasy' or 'fiction' name), and the legal name of business is called a razón social (social name). In Brazil , a trade name is known as a nome fantasia ('fantasy' or 'fiction' name), and the legal name of business is called razão social (social name). In some Canadian jurisdictions , such as Ontario , when a businessperson writes a trade name on
759-478: A trade name. In the United States , the phrase " doing business as " (abbreviated to DBA , dba , d.b.a. , or d/b/a ) is used, among others, such as assumed business name or fictitious business name . In Canada , " operating as " (abbreviated to o/a ) and " trading as " are used, although " doing business as " is also sometimes used. A company typically uses a trade name to conduct business using
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#1732781114178828-559: Is called a razón social . Alfried Krupp von Bohlen und Halbach Alfried Felix Alwyn Krupp von Bohlen und Halbach (13 August 1907 – 30 July 1967), often referred to as Alfried Krupp , was a German industrialist, a competitor in Olympic yacht races , contributor to the SS and a member of the Krupp family , which has been prominent in German industry since the early 19th century. He
897-610: Is guaranteed for the future." According to one of his own employees, even when it was clear that the war was lost: "Krupp considered it a duty to make 520 Jewish girls, some of them little more than children, work under the most brutal conditions in the heart of the concern, in Essen ." After the war, the Allied Military Government investigated Krupp's employment of slave laborers. He was convicted of crimes against humanity and sentenced to 12 years imprisonment and
966-498: Is important because fictitious business names do not always identify the entity that is legally responsible . Legal agreements (such as contracts ) are normally made using the registered legal name of the business. If a corporation fails to consistently adhere to such important legal formalities like using its registered legal name in contracts, it may be subject to piercing of the corporate veil . In English , trade names are generally treated as proper nouns . In Argentina ,
1035-603: The Wehrmacht during World War II . In 1943, Krupp became sole proprietor of the company, following the Lex Krupp ("Krupp Law") decreed by Adolf Hitler . Krupp's wartime employment of slave labor resulted in the " Krupp Trial " of 1947–1948, following which he served three years in prison. At Krupp's behest, after his death in 1967, control of the Krupp company passed to the Alfried Krupp von Bohlen und Halbach Foundation ,
1104-753: The Great Venezuela Railway from 1888 to 1894 raised Venezuelan national debt. Venezuela's suspension of debt payments in 1901 led to gunboat diplomacy of the Venezuela Crisis of 1902–1903 . Russia and the Ottoman Empire both bought large quantities of Krupp guns. By 1887, Russia had bought 3,096 Krupp guns, while the Ottomans bought 2,773 Krupp guns. By the start of the Balkan wars the largest export market for Krupp worldwide
1173-612: The Nazi Party , made significant personal donations to it before the 1933 election , because he saw advantages for the company in the Nazis' militarism and their opposition to independent trade unions . From 1931, Alfried was a supporting member of the SS ( förderndes Mitglied der SS ). He was a member of the National Socialist Flyers Corps , where he reached the rank of Standartenfuhrer and from 1938 he
1242-529: The Subsequent Nuremberg Trials ) for war crimes against members of the leadership of Nazi Germany. The Indictment filed against the 12 accused made detailed allegations which were arranged under four counts: All of the accused except one were found guilty of having, contrary to the provisions of international law , employed prisoners of war , foreign civilians, and concentration camp inmates under inhumane conditions in work connected with
1311-466: The United Kingdom , there is no filing requirement for a "business name", defined as "any name under which someone carries on business" that, for a company or limited liability partnership, "is not its registered name", but there are requirements for disclosure of the owner's true name and some restrictions on the use of certain names. A minority of U.S. states, including Washington , still use
1380-415: The u is usually treated as short in both languages, corresponding logically (in either language's regular orthography) with the doubled consonant that follows. A British documentary on the Krupp family and firm included footage of German-speakers of the 1930s who would have had speaking contact with the family, which attests the long [uː] , thus [kʁuːp] or [kɾuːp] , rather than what would be
1449-593: The 1914 420 mm Big Bertha , the 1916 Langer Max , and the seven Paris Guns in 1917 and 1918. In addition, Friedrich Krupp Germaniawerft built German warships and submarines in Kiel. During the war, Krupp also modified the design of an existing Langer Max gun, which they built in Koekelare . The gun called Batterie Pommern was the largest gun in the world in 1917 and was able to shoot shells of ±750 kg from Koekelare to Dunkirk . Before World War I Krupp had
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#17327811141781518-565: The 20th century the company was headed by Gustav Krupp von Bohlen und Halbach (1870–1950), who assumed the surname of Krupp when he married the Krupp heiress, Bertha Krupp . After Adolf Hitler came to power in Germany in 1933, the Krupp works became the center for German rearmament. In 1943, by a special order from Hitler, the company reverted to a sole-proprietorship, with Gustav and Bertha's eldest son Alfried Krupp von Bohlen und Halbach (1907–67) as proprietor. After Germany's defeat, Gustav
1587-510: The American High Commissioner for Germany, arranged for Krupp to be released on time served and the forfeiture of his property was reversed under political pressure. Nevertheless, certain parts of his assets were considered for reparations and he had limits on business activities imposed on him. Krupp's second marriage on 19 May 1952 to Vera Hossenfeld (1909–1967), just after his release from Landsberg Prison , ended in
1656-424: The German boy of the future must be slim and slender, as fast as a greyhound, tough as leather and hard as Krupp steel" ( "... der deutsche Junge der Zukunft muß schlank und rank sein, flink wie Windhunde, zäh wie Leder und hart wie Kruppstahl." ) During the war Germany's industry was heavily bombed. The Germans built large-scale night-time decoys like the Krupp decoy site (German: Kruppsche Nachtscheinanlage) which
1725-575: The German military. Friedrich Krupp Germaniawerft shipyard launched the cruiser Prinz Eugen , as well as many of Germany's U-boats (130 between 1934 and 1945) using preassembled parts supplied by other Krupp factories in a process similar to the construction of the US liberty ships . In the 1930s, Krupp developed two 800 mm railway guns , the Schwerer Gustav and the Dora . These guns were
1794-606: The Great", invested heavily in new technology to become a significant manufacturer of steel rollers (used to make eating utensils) and railway tyres. He also invested in fluidized hotbed technologies (notably the Bessemer process ) and acquired many mines in Germany and France . Initially, Krupp failed to gain profit from the Bessemer process due to the high phosphorus content of German iron ores. His chemists, however, later learned of
1863-555: The Krupp name to his own by permission of Emperor Wilhelm II . Alfried was born almost a year later. Alfried Krupp attended grammar school, after which he trained at the Krupp company workshops and studied metallurgy at technical universities in Munich , Berlin and Aachen . The company profited significantly from the German rearmament of the 1920s and 1930s. Gustav Krupp von Bohlen und Halbach, in spite of his initial opposition to
1932-408: The Krupp name to his own. He was also appointed Reichsminister für Rüstung und Kriegsproduktion ("Minister for Armament and War Production"). The transfer of ownership was a gesture of gratitude by Hitler and was to be one of only a few major National Socialist government laws that survived the fall of the regime. During the war, Alfried Krupp was responsible for the transfer of certain factories in
2001-627: The Mustang name. Krupp Steel Works of Essen, Germany, manufactured the spherical pressure chamber of the dive vessel Trieste , the first vessel to take humans to the deepest known point in the oceans, accomplished in 1960. This was a heavy duty replacement for the original pressure sphere (made in Italy by Acciaierie Terni) and was manufactured in three finely machined sections: an equatorial ring and two hemispherical caps. The sphere weighed 13 tonnes in air (eight tonnes in water) with walls that were 12.7 centimetres (5.0 in) thick. Krupp Steel Works
2070-590: The Nazi war effort . Despite being sentenced to imprisonment for twelve years, he served just three and was pardoned (but not acquitted) by John J. McCloy . As a result of this pardon, all of Krupp's holdings were restored. In the years following the Third Reich's collapse, Krupp rose once again to become one of the wealthiest companies in Europe. However, this growth did not last indefinitely. In 1967, an economic recession resulted in significant financial losses for
2139-418: The U.S., trademark rights are acquired by use in commerce, but there can be substantial benefits to filing a trademark application. Sole proprietors are the most common users of DBAs. Sole proprietors are individual business owners who run their businesses themselves. Since most people in these circumstances use a business name other than their own name, it is often necessary for them to get DBAs. Generally,
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2208-624: The United States and to cap the Chrysler Building . After the Nazis seized power in Germany , Krupp supported the regime and was one of many German businesses that profited from slave labor during World War II . Upon the war's end, the head of the company, Alfried Krupp , was tried and convicted as a war criminal for employing prisoners of war, foreign civilians and concentration camp inmates under inhumane conditions in support of
2277-545: The acceptance of a thesis on melting steel in vacuums . During the Berlin Olympics of 1936, Krupp participated in 8 Meter Class sailing and won a bronze medal . In the same year, after undergoing financial training at the Dresdner Bank , Krupp joined the family company. In the following year he married Anneliese Lampert, née Bahr (1909–1998); their son, Arndt , was born in 1938. During World War II ,
2346-407: The bid was abandoned after resistance from Thyssen management and protests by its workers. Nevertheless, Thyssen agreed to merge the two firms' flat steel operations, and Thyssen Krupp Stahl AG was created in 1997 as a jointly owned subsidiary (60% by Thyssen and 40% by Krupp). About 6,300 workers were laid off. Later that year, Krupp and Thyssen announced a full merger, which was completed in 1999 with
2415-476: The biggest artillery pieces ever fielded by an army during wartime, and weighed almost 1,344 tons. They could fire a 7-ton shell over a distance of 37 kilometers. More crucial to the operations of the German military was Krupp's development of the famed 88 mm anti-aircraft cannon which found use as a notoriously effective anti-tank gun. In an address to the Hitler Youth , Adolf Hitler stated "In our eyes,
2484-444: The business. In 1992, the company went public for the first time upon merging with Hoesch AG . In 1999, it merged with Thyssen AG to form the industrial conglomerate ThyssenKrupp AG . Controversy has not eluded the Krupp company. Being a major weapons supplier to multiple sides throughout various conflicts, it was sometimes blamed for the wars themselves or the degree of carnage that ensued. Friedrich Krupp (1787–1826) launched
2553-419: The company had a steelmaking capacity of around eight million metric tons and sales of about 28 billion DM (US$ 18.9 billion). The new Krupp had six divisions: steel, engineering, plant construction, automotive supplies, trade, and services. After two years of heavy losses, a modest net profit of 40 million DM (US$ 29.2 million) followed in 1994. In 1997 Krupp attempted a hostile takeover of the larger Thyssen, but
2622-526: The company's profits increased and it took control of factories confiscated by the German army in Nazi- occupied Europe . Alfried became more active in controlling the company as his father's health declined. He became de facto head of the firm in 1941 when Gustav Krupp suffered a stroke . Under Alfried, the company used slave labor supplied by the government and often assigning Jewish prisoners from concentration camps to work in many of its factories. Even when
2691-462: The conduct of war. Acts and conduct of the accused said by the Prosecution to have been committed unlawfully, knowingly and wilfully. Krupp was sentenced to twelve years imprisonment. He did not, however, accept any guilt. In 1947, he stated: The economy needed a steady or growing development. Because of the rivalries between the many political parties in Germany and the general disorder there
2760-534: The county or city to be registered with the State Corporation Commission. DBA statements are often used in conjunction with a franchise . The franchisee will have a legal name under which it may sue and be sued, but will conduct business under the franchiser's brand name (which the public would recognize). A typical real-world example can be found in a well-known pricing mistake case, Donovan v. RRL Corp. , 26 Cal. 4th 261 (2001), where
2829-414: The entire floors of these lavatories. The Tatars and Kirghiz suffered most; they collapsed like flies [from] bad housing, the poor quality and insufficient quantity of food, overwork and insufficient rest...Countless fleas, bugs and other vermin tortured the inhabitants of these camps..." The survivors finally returned home in the summer of 1945 after their liberation by the allied armies. Krupp industries
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2898-590: The family's metal-based activities, building a pioneering steel foundry in Essen in 1811. After his death, his sons Alfred and an unidentified brother operated the business in partnership with their mother. An account cited that, on his deathbed, the elder Krupp confided to Alfred, who was then 14 years old, the secret of steel casting. In 1848, Alfred became the sole owner of the foundry. This next generation Krupp (1812–87), known as "the Cannon King" or as "Alfred
2967-490: The firm. In 1968, the company became an Aktiengesellschaft and ownership was transferred to the Alfried Krupp von Bohlen und Halbach Foundation . In 1999, the Krupp Group merged with its largest competitor, Thyssen AG ; the combined company— ThyssenKrupp , became Germany's fifth-largest firm and one of the largest steel producers in the world. In the early 1980s, the company spun off all its operating activities and
3036-512: The forfeiture of all property. In the Krupp trial , it was alleged by the prosecution that the accused (Alfried Krupp and eleven other associates) had committed Crimes against Peace, War Crimes and Crimes against Humanity, and participated in a common plan and conspiracy, all as defined in Control Council Law No.10 of 20 December 1945. The Krupp Trial was the tenth of a series of twelve military tribunals (which became known as
3105-439: The formation of ThyssenKrupp AG. Cromme and Ekkehard Schulz were named co-chief executives of the new company, operating worldwide in three main business areas: steel, capital goods (elevators and industrial equipment), and services (specialty materials, environmental services, mechanical engineering, and scaffolding services). The unexpected victory of Prussia over France (19 July 1870 – 10 May 1871) demonstrated
3174-597: The giant Krupp steel works in Essen . Low pay, long hours, frequent bombings, and crowded air raid shelters added to the unpleasantness of poor housing, inadequate heating, limited food, and poor medical care, all compounded by harsh Nazi discipline. In an affidavit provided at the Nuremberg Trials following the war, Dr. Wilhelm Jaeger, the senior doctor for the Krupp slaves, wrote: Sanitary conditions were atrocious. At Kramerplatz only ten children's toilets were available for 1200 inhabitants...Excretion contaminated
3243-495: The late 1880s the manufacture of armaments represented around 50% of Krupp's total output. When Alfred Krupp started with the firm, it had five employees. At his death twenty thousand people worked for Krupp—making it the world's largest industrial company and the largest private company in the German empire . Krupp's had a Great Krupp Building with an exhibition of guns at the Columbian Exposition in 1893. In
3312-402: The law is to protect the public from fraud, by compelling the business owner to first file or register his fictitious business name with the county clerk, and then making a further public record of it by publishing it in a newspaper. Several other states, such as Illinois , require print notices as well. In Uruguay , a trade name is known as a nombre fantasía , and the legal name of business
3381-482: The majority of rail to the new continental railway system. "Nearly all railroads were using Krupp rails, the New York Central , Illinois Central , Delaware and Hudson , Maine Central , Lake Shore and Michigan Southern , Bangor and Aroostook , Great Northern , Boston and Albany , Florida and East Coast , Texas and Pacific , Southern Pacific , and Mexican National ." In 1893, a mechanical engineer by
3450-443: The military suggested that security reasons dictated that some work should be performed by free German workers, Alfried insisted on using forced labour. He officially replaced his father as head of the family firm under the Lex Krupp ("Krupp Law"), proclaimed by Adolf Hitler on 12 November 1943, which set aside the usual laws of inheritance and preserved the Krupp firm as a family business. Under this law, Alfried formally added
3519-454: The name of Rudolf Diesel approached Gustav with a patent for a "new kind of internal combustion engine employing autoignition of the fuel". He also included his text " Theorie und Konstruktion eines rationellen Wärmemotors ". Four years later, the first 3- horsepower diesel engine was produced. The common English pronunciations are / k r ʊ p / or / k r ʌ p / . The common German pronunciations are [kʁʊp] or [kɾʊp] . Thus
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#17327811141783588-461: The named defendant, RRL Corporation, was a Lexus car dealership doing business as " Lexus of Westminster ", but remaining a separate legal entity from Lexus, a division of Toyota Motor Sales, USA, Inc. . In California , filing a DBA statement also requires that a notice of the fictitious name be published in local newspapers for some set period of time to inform the public of the owner's intent to operate under an assumed name . The intention of
3657-658: The occupied territories to the German Reich. He was awarded the War Merit Cross , Second and First Class. Krupp worked closely with the SS , which controlled the concentration camps from which forced labor was obtained. In a letter dated 7 September 1943, he wrote: "As regards the cooperation of our technical office in Breslau , I can only say that between that office and Auschwitz the closest understanding exists and
3726-478: The problem and constructed a Bessemer plant called C&T Steel. Unusual for the era, he provided social services for his workers, including subsidized housing and health and retirement benefits. The company began to make steel cannons in the 1840s—especially for the Russian, Turkish, and Prussian armies. Low non-military demand and government subsidies meant that the company specialized more and more in weapons: by
3795-460: The regular German spelling pronunciation , [kʁʊp] or [kɾʊp] . The documentary's narration used the English / uː / equivalent, / k r uː p / . This would seem to indicate that the short u is a spelling pronunciation , but it is nonetheless the most common treatment. Trade name In a number of countries, the phrase " trading as " (abbreviated to t/a ) is used to designate
3864-469: The superiority of breech-loaded steel cannon over muzzle-loaded brass. Krupp artillery was a significant factor at the battles of Wissembourg and Gravelotte , and was used during the siege of Paris. Krupp's anti-balloon guns were the first anti-aircraft guns. Prussia fortified the major North German ports with batteries that could hit French ships from a distance of 4,000 yd (3.7 km; 2.3 mi), inhibiting invasion. Krupp's construction of
3933-459: The surname(s) of the sole trader or partners, or the legal name of a company. The Companies Registration Office publishes a searchable register of such business names. In Japan , the word yagō ( 屋号 ) is used. In Colonial Nigeria , certain tribes had members that used a variety of trading names to conduct business with the Europeans. Two examples were King Perekule VII of Bonny , who
4002-469: The term trade name to refer to "doing business as" (DBA) names. In most U.S. states now, however, DBAs are officially referred to using other terms. Almost half of the states, including New York and Oregon , use the terms assumed business name or assumed name ; nearly as many, including Pennsylvania , use the term fictitious name . For consumer protection purposes, many U.S. jurisdictions require businesses operating with fictitious names to file
4071-494: The thousands, as detailed in the book The Arms of Krupp . Nazi Germany kept two million French POWs captured in 1940 as forced laborers throughout the war. They added compulsory (and volunteer) workers from occupied nations, especially in metal factories. The shortage of volunteers led the Vichy government of France to deport workers to Germany, where they constituted 15% of the labor force by August 1944. The largest number worked in
4140-464: Was prosecuted after the end of war for its support to the Nazi regime and use of forced labour. Krupp's trucks were once again produced after the war, but so as to minimize the negative wartime connotations of the Krupp name they were sold as " Südwerke " trucks from 1946 until 1954, when the Krupp name was considered rehabilitated. Krupp also used the name "Mustang" for some of their products, causing
4209-525: Was Turkey, which purchased 3,943 Krupp guns of various types between 1854 and 1912. The second-largest customer in the Balkans was Romania, which purchased 1,450 guns in the same period, while Bulgaria purchased 517 pieces, Greece 356, Austria-Hungary 298, Montenegro 25, and Serbia just 6 guns. Krupp produced most of the artillery of the Imperial German Army, including its heavy siege guns:
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#17327811141784278-410: Was a German decoy-site of the Krupp steel works in Essen . During World War II, it was designed to divert Allied airstrikes from the actual production site of the arms factory. Krupp Industries employed workers conscripted by the Nazi regime from across Europe. These workers were initially paid, but as Nazi fortunes declined they were kept as slave workers . They were abused, beaten, and starved by
4347-697: Was a member of the Nazi Party. In 1937, Krupp – like his father – was appointed military economic leader ( Wehrwirtschaftsführer ). He was also a deputy of his father in his capacity as chairman of the Board of the Adolf Hitler Fund of German Trade and Industry ( Adolf-Hitler-Spende der deutschen Wirtschaft ). Krupp received a Diplomingenieur (Master of Engineering) from the Aachener Technische Hochschule in 1934, with
4416-475: Was also contracted in the mid-1960s to construct the Effelsberg 100-m Radio Telescope , which, from 1972 to 2000 was the largest fully steerable radio telescope in the world. Krupp was the first company to patent a seamless, reliable and strong enough railway tyre for rail freight. Krupp received original contracts in the United States and enjoyed a period of technological superiority while also contributing
4485-478: Was convicted after World War II of crimes against humanity for the genocidal manner in which he operated his factories (with the use of slave labor ) and sentenced to twelve years in prison, subsequently commuted to three years with time served in 1951. The family company, known formally as Friedrich Krupp AG Hoesch-Krupp , was a key supplier of weapons and materiel to the German Government and
4554-553: Was known as Captain Pepple in trade matters, and King Jubo Jubogha of Opobo , who bore the pseudonym Captain Jaja . Both Pepple and Jaja would bequeath their trade names to their royal descendants as official surnames upon their deaths. In Singapore , there is no filing requirement for a "trading as" name, but there are requirements for disclosure of the underlying business or company's registered name and unique entity number. In
4623-521: Was no opportunity for prosperity. ... We thought that Hitler would give us such a healthy environment. Indeed, he did do that. ... We Krupps never cared much about [political] ideas. We only wanted a system that worked well and allowed us to work unhindered. Politics is not our business. — Alfried Krupp, in Golo Mann's manuscript first published in Friz, 1988. However, after three years, John J. McCloy ,
4692-449: Was restructured as a holding company. VDM Nickel-Technologie was bought in 1989, for high-performance materials, mechanical engineering and electronics. That year, Gerhard Cromme became chairman and chief executive of Krupp. After its hostile takeover of rival steelmaker Hoesch AG in 1990–1991, the companies were merged in 1992 as "Fried. Krupp AG Hoesch Krupp," under Cromme. After closing one main steel plant and laying off 20,000 employees,
4761-620: Was senile and incapable of standing trial, and the Nuremberg Military Tribunal convicted Alfried as a war criminal in the Krupp Trial for "plunder" and for his company's use of slave labor . It sentenced him to 12 years in prison and ordered him to sell 75% of his holdings. In 1951, as the Cold War developed and no buyer came forward, the U.S. occupation authorities released him, and in 1953 he resumed control of
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