*** Welcome to piglix ***

Deutsche Schiff- und Maschinenbau AG

Deutsche Schiff- und Maschinenbau AG
Industry Shipbuilding
Fate dissolved 1945
Founded 1926
Defunct 1945
Headquarters Bremen, Germany
Products Passenger ships
Merchant ships
U-boats
Warships
Steam turbines
Engines
Ship gear boxes
Exhaust steam turbines
Subsidiaries Weser Flugzeugbau

Deutsche Schiff- und Maschinenbau Aktiengesellschaft (abbreviated Deschimag) was a cooperation of eight German shipyards in the period 1926 to 1945. The leading company was the shipyard AG Weser in Bremen.

The Deschimag was founded in 1926 when influential Bremen merchants and bankers decided to found a cooperation of great German shipbuilding companies under the leadership of the shipyard AG Weser. The intention was to coordinate and concentrate activities of German shipyards for higher efficiency but last not least mainly to support Bremen´s shipyard AG „Weser“ in the upcoming economic and financial crisis of 1930s. While the greatest shipbuilding companies in Germany as Blohm & Voss and Bremer Vulkan AG because of their own strong market position at that time were not interested in this cooperation, eight more or less great German shipyards merged. These were:

Deschimag became the greatest shipbuilding company in Germany with about 15,000 workers which was about 28% of the total German shipbuilding industry workforce at that time. But in the following years most of these companies were closed, went bankrupt or were sold to other companies (see above). At least only AG Weser and Seebeckwerft survived this process of concentration and reduction of shipbuilding capacities. In 1941 Krupp, then the most important German engineering and armaments conglomerate, acquired a majority shareholding in both shipyards.

While AG Weser concentrated its activities upon building of merchant ships with an increasing amount of warships later, Seebeck built only smaller vessels and concentrated on ship maintenance and repair.

Because of diversification and to create new jobs Deschimag also diversified into aircraft construction. In 1933 the Weser Flugzeugbau GmbH – abbreviated Weserflug – was founded. It started making aircraft components and later complete aircraft at different places in Germany, one of them was the former shipyard Frerichswerft AG. In 1936 the Weserflug separated from the Deschimag and became an independent company. It became the fourth largest aircraft manufacturer in Germany in World War II, but only as a licensee of other German aircraft companies, mainly Dornier and Junkers.


...
Wikipedia

...