Formation of Daimler-Motoren-Gesellschaft (DMG)

  • Date
    28 November 1890
  • Description

    Notarial certification sets the official seal on the establishment of Daimler-Motoren-Gesellschaft (DMG) in Stuttgart. Max Duttenhofer and Wilhelm Lorenz make capital contributions of 200,000 Marks each to the new joint stock company. Gottlieb Daimler brings in his manufacturing facilities, patents and inventories.

Start-up balance sheet of the Daimler-Motoren-Gesellschaft on March 1, 1890
B46898
Start-up balance sheet of the Daimler-Motoren-Gesellschaft 1890
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