In 2008, the Public Prosecutor’s Office initiated proceedings against the Gildemeister AG CEO, Rüdiger Kapitza. At the end of December 2007, Gildemeister AG was included in the MDAX stock index. Following restructuring of the German Stock Index in March 2003, the Gildemeister share was listed on the SDAX. In 2002, Gildemeister received approval from the German Stock Exchange for admission to the ‘Prime Standard’. In 1994 Gildemeister AG acquired Deckel Maho AG and was renamed Deckel Maho Gildemeister AG. In 1993 Friederich Deckel AG and Maho AG merged. Gildemeister went public in 1950 and at the end of 1969, the company became a public company with a broad spectrum of shareholders. In 1920 five engineers founded Maho AG as Mayr, Hoermann & Cie GmbH. In 1899, the former partnership was changed to a public limited company with capital assets of 1 million Goldmarks. In 1890, the company had around 100 employees, among them a wages clerk and three technicians to assemble the machines. Today, 7,236 employees and 261 trainees work for the group worldwide. Gildemeisterstraße 60 in Bielefeld has since become the group’s headquarters. In the following decades, the plant near the Cologne-Minden train station in Bielefeld was expanded to include several production facilities.įor over 100 years – until 1976 - the company was based across the street from the main railroad station, where the hotel Bielefelder Hof and the municipal exhibition hall are now situated. On 1 October 1870, locksmith Friedrich Gildemeister founded the ‘Werkzeugmaschinenfabrik (Machine Tool Plant) Gildemeister & Comp’ back in the ‘pioneer days’ in Germany.
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