Deutz AG
In 1871, the company changed its name to Maschinenbau Anstalt Humboldt in honor of the famous German Scientist Alexander von Humboldt. In December 1924, under the direction of Peter Klöckner, the company entered into a cooperative agreement with Motorenfabrik Deutz AG which would later become Humboldt-Deutz-Motoren AG. Peter Klöckner secured approximately 78% of the capital of Humboldt-Deutz-Motoren AG and an agreement was made to bind the company firmly to Klöckner Werke AG, as a subsidiary. In 1938, after a deal with Klöckner Werke AG, the company changed their name to Klöckner Humboldt Deutz AG.