MPC Münchmeyer Petersen & Co.'s successful history started over 160 years ago, when on August 10th, 1846, Karl Georg Heinrich Franz Herrmann Münchmeyer founded Münchmeyer & Co., a foreign trade company offering various services in the fields of supply and financing of products, and which soon developed into a private merchant bank of international repute. The second founding house of the MPC Group, R. Petersen & Co., established in 1911, was also active in international trade.

Both companies merged in 1972 to form MPC Münchmeyer Petersen & Co., headed by Mr. Axel Schroeder sen. as Managing Partner. Ever since, MPC Münchmeyer Petersen has experienced a steady upward trend in its development. Today, the Group is divided into four major divisions: Capital Investment, Shipping and Shipbuilding, Commodities & Machinery and Consumer Goods.

With this well diversified range of services, the MPC Münchmeyer Petersen Group belongs today to a small number of major internationally operating trade and service-providing companies in Hamburg, leading the tradition of Hanseatic trade into the future.

Adherence to these values is reflected in the choice of the

company's head office, located in the historic "Officer's Mansions" at Palmaille, where currently about 500 of a total of approx. 1.000 staff are based.

MPC Münchmeyer Petersen & Co. is still a family-run business. Mr. Axel Schroeder sen. and his two sons, Dr. Axel Schroeder and Dr. John Benjamin Schroeder, are today majority owners of the MPC Holding and, together with Mr. Clemens Weber, comprise the management of the Holding company. In March 2009, the Villacero Group which is based in Monterrey, Mexico joined the MPC Holding.