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In September 1974, the companies Ahlmann GmbH and Ahlmann Maschinenbau GmbH, which had emerged from the long-established Carlshütte, had to file for bankruptcy after almost 150 years of successful operation. The Ahlmann family left the Carlshütte. The Hamburg ship salvage entrepreneur Ulrich Harms bought the Carlshütte at a "junk price", as the news magazine DER SPIEGEL put it. He paid DM 13.7 million.