MPC Münchmeyer Petersen & Co. GmbH's origin goes back over 170 years to 1846. Originally operating as two separate trading firms, Münchmeyer & Co. and R. Petersen & Co. earned worldwide recognition at an early stage, thanks to their remarkable achievements in foreign trade.
In his capacity as Managing Partner of R. Petersen & Co., Axel Schroeder senior merged the two firms into MPC Münchmeyer Petersen & Co. in 1972. Since January 1, 2018, he has been Chairman of the Advisory Board and is still a shareholder of the MPC Group. His sons, Dr. Axel Schroeder and Dr. John Benjamin Schroeder, are managing directors of MPC Holding.