Carl von Linde at the age of 83 (1925). |
The overall economic conditions in Germany in the 1870s and 1880s were not especially rosy. After the brief boom from 1871 to 1873, which in Germany is known as the Gründerzeit or Founders’ Era, the economy crashed dramatically. Although the "Great Depression" of the Bismarck era reached its lowest point in 1879, the economy developed only slowly right until 1894. |
But Linde benefited from an industry-specific boom and quickly captured a leading international position. The "Gesellschaft für Linde’s Eismaschinen" benefited especially from this dynamic development because it was represented in all of the important markets early on and could offer the most efficient products.