1920

Steel works joint venture established under the name "Stahlwerke Buderus-Röchling Aktiengesellschaft"

50% holding in the share capital of 30 million marks.The small Dorsten electric steel plant in Westphalia acquired by Röchling in late 1919 was incorporated in the new company, and the Buderus steel works in Wetzlar that had existed since 1915 was taken over on a leasehold basis.The company's management was headed up chief executive Michael Stephan, who was the technical director of the Special Steel division in Völklingen until November 1918.Sales were handled by the newly formed distribution company Röchling-Buderus GmbH, located in Ludwigshafen where Röchling had its business headquarters, as a joint sales company for the Buderus-Röchling steel works and the Röchling iron and steel works.