for the entire piece of finished machinery. On October 1 2008, the former Deutz Power Systems division received a new, old, name MWM (Motoren Werke Mannheim AG). Karl Benz established the company in 1871. After splitting the engine business from Benz AG, it became Motoren-Werke Mannheim AG. Klöckner-Humboldt-Deutz AG took over in 1985, later becoming Deutz AG. After spinning off Deutz Power Systems, the company has made a full circle back to MWM. In 2012, SAME Deutz-Fahr sold 22 million shares, the majority of its holding in Deutz AG, to Volvo, making of it the largest shareholder at just over 25%. SAME Deutz-Fahr retained 8.4% equity in the company. In 2017, Deutz acquired Torqeedo GmbH, specialist for integrated electric and hybrid drives for boats. Volvo sold all of its ownership stakes in Deutz in the same year. Former business Locomotive and wagon construction (1892-1970) Until the 1950s, only small locomotives (e.g. light rail locomotives) were produced. After the interest group formed in 1953 with the United Westdeutsche Waggonfabriken AG (Westwaggon) and their final takeover in 1959, KHD was also able to build large bogie diesel locomotives. Class V60 of the Deutsche Bundesbahn from 1957 Class V100 of the Deutsche Bundesbahn from 1961 Class V160 of the Deutsche Bundesbahn from 1966 Class V90 of the Deutsche Bundesbahn from 1967 Other types of construction for industrial and private railways were also produced between 1959 and 1970, including: Type KHD PMZ122R from 1929 Types KHD A4M 220 R / 420 R from 1934 Type KHD A6M 324 R from 1934 Type KHD A8M 324 R type C from 1938 Type KHD A2L 514 R from 1952 Type KHD A8L 614 R from 1953 Type KHD T8M 625 R 1956 Type KHD DG 2000 BBM 1956 Type KHD DG 2000 CCE 1957 Type KHD KS 55 B from 1958 Type KHD MS 800 D 1959 Type KHD DG 1000 BBM from 1959 Type KHD DG 1200 BBM from 1960 Type KHD DG 1600 CCM from 1959 Type KHD DG 2000 CCM from 1963 Type KHD DG 1500 CCM 1970 Notes External links Deutz logo in the mirror of time Overhauling of a Deutz BF4M1013EC Engine Diesel engine manufacturers Engine manufacturers of Germany Manufacturing companies based in Cologne Companies listed on the Frankfurt Stock Exchange German brands Manufacturing companies established in 1864 German companies established in 1864 Companies formerly in the MDAX Marine engine manufacturers