Maxim Nordenfelt Guns and Ammunition Company

Maxim Nordenfelt Guns and Ammunition Company
IndustryArmaments
Founded1888
Defunct1897
FateAcquired
SuccessorVickers, Sons and Maxim
Headquarters32 Victoria Street SW, London, UK
ProductsMachine guns
Artillery
Ammunition
Interior from the gun factory at Erith, featured in Cassier's Magazine, April 1895.

The Maxim-Nordenfelt Guns and Ammunition Company was the result of a takeover by Hiram Maxim of Thorsten Nordenfelt's Nordenfelt Guns and Ammunition Company in 1888. Rothschild issued £1.9 million (1888) (equivalent to £264.26 million or US$328.46 million in 2023)[1] worth of shares to finance the merger. Nathan Rothschild retained a substantial shareholding in the new Maxim-Nordenfelt combine and ‘exerted a direct influence over its management’.[2]

  1. ^ United Kingdom Gross Domestic Product deflator figures follow the MeasuringWorth "consistent series" supplied in Thomas, Ryland; Williamson, Samuel H. (2024). "What Was the U.K. GDP Then?". MeasuringWorth. Retrieved July 15, 2024.
  2. ^ Niall Ferguson, House of Rothschild, The World’s Bankers, 1819-1999, vol. 2. p. 413.