Metro AG
In 1997, Maxdata was majority-owned by , itself a fully-owned subsidiary of the Metro AG. In 2003, the company was restructured as the Maxdata AG and listed in the Prime Standard. Maxdata filed insolvency proceedings at the Local Court in Essen on Wednesday, 25 June 2008. It had 1000 employees at the time of closure. The Belinea brand was sold to Brunen IT Group while the Maxdata name was sold to S&amp;T.