PRESS RELEASE Corporate

MTU Friedrichshafen: The leading manufacturer of high-tech large diesel engines since Maybach Motorenbau

Posted on December 28, 2005

1909 “Luftfahrzeug-Motorenbau GmbH“ is founded in Bissingen on the Enz River as the oldest predecessor company of MTU Friedrichshafen
1912 Luftfahrzeug Motorenbau GmbH relocates to Friedrichshafen
1918 Renamed “Maybach-Motorenbau GmbH“
1919 Begins manufacturing high-speed diesel engines
1921 Begins manufacturing automobiles. Produced around 1,800 luxury vehicles by 1941
1936 Growing conversion to war production; by the end of World War II had manufactured around 140,000 engines for caterpillar vehicles
1944/45 Maybach Motorenbau and the city of Friedrichshafen are destroyed by bomb attacks
1948 Production resumes
1961 Begins manufacturing Mercedes-Benz diesel engines at Maybach-Motorenbau
1963 “Mercedes-Benz Motorenbau GmbH“ is founded in Friedrichshafen-Manzell
1966 Maybach-Motorenbau GmbH merges with Mercedes-Benz Motorenbau GmbH to create Maybach Mercedes-Benz Motorenbau GmbH
1969 Agreement between Daimler-Benz AG and MAN AG to integrate the interests of both companies in the fields of high-speed diesel engines and jet propulsion Maybach Mercedes-Benz Motorenbau GmbH is renamed “Motoren- und Turbinen-Union Friedrichshafen GmbH“ MAN Turbo GmbH is renamed to “Motoren- und Turbinen-Union München GmbH“
1978 Companies are renamed ”mtu Motoren- und Turbinen-Union Friedrichshafen GmbH“ and “mtu Motoren- und Turbinen-Union München GmbH“
2001 DaimlerChrysler AG acquires Detroit Diesel Corporation mtu Motoren- und Turbinen-Union Friedrichshafen GmbH is renamed ”MTU Friedrichshafen GmbH“
2002 All off-highway activities of the DaimlerChrysler group are integrated to form the company division DaimlerChrysler Off-Highway under corporate management of MTU Friedrichshafen. Workforce: 7000 employees, Revenues: 1.7 billion Euro (2003)
2005/06 Acquisition by EQT Partners