Factory & Finance
Friedrich Engelhorn had earned his citizenship and guild rights in Mannheim, in the German Grand Duchy of Baden, as a gold and silver smith. His 1847 marriage to Maria Magdalena Brustling, the daughter of an affluent local brewer, made him professionally independent and enabled a change of career. A tenant in the young couple’s new house provided direction. The visitor, the Belgian inventor Guillaume Smyers, was thrilled by the booming coal gas business. He inspired Engelhorn to become an energy entrepreneur: In 1848 Engelhorn, Smyers, and a local financier founded the limited liability company Engelhorn & Cie to produce and sell bottled coal gas. In 1851 Engelhorn took another step and co-founded the Baden Gas Company (Badische Gesellschaft für Gasbeleuchtung) that operated gas works in about nineteen towns at its peak. Engelhorn himself became the director of its Mannheim gas works.1
KeywordsCapital Market Stock Exchange Private Equity York Stock Exchange London Stock Exchange
Unable to display preview. Download preview PDF.