Takeover of SAG in Gaggenau by Benz

Date:
22 November 1907
Description:
At an Extraordinary General Meeting of Benz & Cie., the decision is taken to purchase Süddeutsche Automobilfabrik Gaggenau GmbH in a share offer worth 350,000 Marks.

Pictures1

At an extraordinary shareholders' meeting of Benz & Cie. in 1907, the decision was taken to acquire the company "Süddeutsche Automobilfabrik Gaggenau GmbH" in exchange for treasury shares worth 350,000 marks.