It was founded in 1870 by the brothers Albert and Emil Böhler.
Following World War II, the company was nationalized in 1946.
[1] It was merged with other Austrian steel companies to form the VÖEST-Alpine AG, before being restructured into a subsidiary of said VÖEST-Alpine AG called Vereinigte Edelstahlwerke (German for 'United Stainless Steel Works').
After considerable losses, the VÖEST-Alpine AG and its subsidiaries were restructured again in 1988.
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