History


Magna Steyr over the years 

1864
Josef und Franz Werndl & Comp., Waffenfabrik und Sägemühle (Arms Factory and Sawmill) is established in Oberletten near Steyr, Upper Austria.

1899
Johann Puch founds Johann Puch - Erste Steiermärkische Fahrrad-Fabriks-Aktiengesellschaft (First Styrian Bicycle Factory, Inc.).

1899
Eduard Bierenz, personal friend of Gottlieb Daimler, sets up Österreichische Daimler-Motoren-Gesellschaft Bierenz, Fischer & Co. in Wiener Neustadt.

1914
Johann Puch - Erste Steiermärkische Fahrrad-Fabriks AG changes its name to PUCHWERKE AG.

1923
Founding of the company Blau in Zschopau (Sachsen/Germany).

1926
In accordance with the resolution at the 1925 annual general meeting, Josef und Franz Werndl & Comp., Waffenfabrik und Sägemühle is renamed STEYR-WERKE AG and entered in the Vienna register of companies.

1928
March 31: The Österreichische Daimler-Motoren-Gesellschaft shareholders' meeting approves merger with Österreichischen Flugzeugfabrik AG, the Austro Daimler bodywork plant and with Puchwerke AG.

1928
May 21: Puchwerke AG shareholders' meeting approves merger with Österreichische Daimler-Motoren AG.

1928
December 28: The new company, Austro Daimler Puchwerke Aktiengesellschaft, is entered in the Vienna register of companies.

1934
Steyr-Werke AG shareholders' meeting approves merger with Austro Daimler Puchwerke Aktiengesellschaft.

1935
The new Steyr-Daimler-Puch AG is entered in the Vienna register of companies.

1957
Frank Stronach founds the company Multimatic.

1969
Multimatic merges with Magna Electronics.

1988
Founding of Magna International Inc. Group Tesma.

1995
Tesma International Inc. acquires the Blau Group.

1998
Magna International Inc. acquires a majority holding in Steyr-Daimler-Puch AG.

2001
MAGNA STEYR AG & Co KG is founded.

2002
June 6: Resolution passed at the annual general meeting changing the name of Steyr-Daimler-Puch Fahrzeugtechnik AG & Co KG to MAGNA STEYR Fahrzeugtechnik AG & Co KG and STEYR Powertrain AG & Co KG to MAGNA STEYR Powertrain AG & Co KG.

2002
July 6: Magna Steyr takes over Eurostar.

2004
Magna Steyr's business unit Powertrain is hived off into the independent Magna Group Magna Drivetrain.

2005
Acquisition of the Fuel System Group from Tesma International Inc..

2010
Erhard & Söhne, a supplier of tank systems and compressed air tanks for commercial vehicles, is acquired by Magna Steyr.

2011
ACTS (Advanced Car Technology Systems) situated in Sailauf is integrated into Magna Steyr. 

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