Orenstein & Koppel

Orenstein & Koppel

Orenstein & Koppel (normally abbreviated to "O&K") was a major German engineering company specialising in railway vehicles, escalators, and heavy equipment. It was founded on April 1, 1876 in Berlin by Benno Orenstein and Arthur Koppel.

Originally a general engineering company, O&K soon started to specialise in the manufacture of railway vehicles. The company also manufactured heavy equipment and escalators. O&K pulled out of the railway business in 1981. Its escalator-manufacturing division was spun off to the company's majority shareholder at the time, Friedrich Krupp AG Hoesch-Krupp, in 1996, leaving the company to focus primarily on construction machines. The construction-equipment business was sold to New Holland Construction, at the time part of the Fiat Group, in 1999.