KudoZ home » German to English » Tech/Engineering

100%-Gesellschafter

English translation: Think of it the opposite way. See below.

Advertisement

Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs
(or are passionate about them). Participation is free and the site has a strict confidentiality policy.
14:46 Feb 22, 2000
German to English translations [PRO]
Tech/Engineering
German term or phrase: 100%-Gesellschafter
Der Mitte Mai 1999 bekanntgegebene Verkauf des bisherigen 100%-Gesellschafters XXXX-BAU GMBH an den amerikanischen Strassenbaukonzern .....
I assume this means wholly-owned subsidiary, but am uncertain!! Does anyone have an idea or can confirm my assumption???
A Lingual Connection
English translation:Think of it the opposite way. See below.
Explanation:
I'd be careful using wholly-owned subsidiary. A subsidiary is usually rendered as "Tochtergesellschaft" in German and saying that it's "wholly owned" means that its parent company owns all of its shares. For example, Ford Credit is a wholly-owned subsidiary of Ford Motor Co., which is its holding company. 100%-Gesellschafter means that someone or something is itself the full owner. Because it made headlines that this GmbH (or LLC) was sold to an American company, you could think of it as meaning that XXXX BAU GmbH previously controlled all of its own membership interest, but now sold all or part of that interest to the outsider. (Alternatively, if this can be confirmed by context, it might mean that XXXX BAU GmbH wholly-owned another company that's been mentioned and now it, the owner and parent company, has been sold off.) If you log onto http://www.roeschnet.com/histor.htm, you'll notice to the right that the authors use the term 100%-Gesellschafter as a synonym for the company that owns all of the shares or membership interest in another company.
Good luck.
Selected response from:

Cami Townsend
Grading comment
Thank you both for the quick response!
4 KudoZ points were awarded for this answer

Advertisement


Summary of answers provided
na100% shareholder
Nils Ramsauer
naI think town313's second idea is rightDan McCrosky
naThink of it the opposite way. See below.Cami Townsend


  

Answers


24 mins
Think of it the opposite way. See below.


Explanation:
I'd be careful using wholly-owned subsidiary. A subsidiary is usually rendered as "Tochtergesellschaft" in German and saying that it's "wholly owned" means that its parent company owns all of its shares. For example, Ford Credit is a wholly-owned subsidiary of Ford Motor Co., which is its holding company. 100%-Gesellschafter means that someone or something is itself the full owner. Because it made headlines that this GmbH (or LLC) was sold to an American company, you could think of it as meaning that XXXX BAU GmbH previously controlled all of its own membership interest, but now sold all or part of that interest to the outsider. (Alternatively, if this can be confirmed by context, it might mean that XXXX BAU GmbH wholly-owned another company that's been mentioned and now it, the owner and parent company, has been sold off.) If you log onto http://www.roeschnet.com/histor.htm, you'll notice to the right that the authors use the term 100%-Gesellschafter as a synonym for the company that owns all of the shares or membership interest in another company.
Good luck.


    Reference: http://www.roeschnet.com/histor.htm
Cami Townsend
PRO pts in pair: 227
Grading comment
Thank you both for the quick response!
Login to enter a peer comment (or grade)

53 mins
I think town313's second idea is right


Explanation:
I think XXXX BAU GmbH, the former owner of the unnamed subsidiary company, was sold to the American construction company. From the little context here, it appears that the unnamed subsidiary company was at some point spun off, maybe as a part of the deal in May 99.

Dan McCrosky
Local time: 05:09
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 1541
Login to enter a peer comment (or grade)

15 hrs
100% shareholder


Explanation:
That's exactly what it is!

Nils Ramsauer
Germany
Local time: 05:09
Native speaker of: Native in GermanGerman
PRO pts in pair: 4
Login to enter a peer comment (or grade)




Return to KudoZ list


KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.



See also:



Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search