Native name | Königlich Preußische Asiatische Compagnie in Emden nach Canton und China |
|---|---|
| Formerly | Royal Prussian Asiatic Company in Emden to Canton and China |
| Company type | Trading company |
| Industry | International trade |
| Founded | May 24, 1751 (1751-05-24) |
| Founder | Frederick the Great |
| Defunct | 1765 (1765) |
| Fate | Dissolved by Frederick the Great after theSeven Years' War and French occupation of Emden |
| Headquarters | , |
Area served | PrimarilyCanton,China |
| Services | Trade |
| Total equity | 861,000 thalers (1752) (1752) |
| Owner | Shareholders (including Splitgerber & Daumin) |
TheEmden Company was aPrussiantrading company which was established on 24 May 1751 to trade primarily with the city ofCanton inChina. Its full name was theRoyal Prussian Asiatic Company in Emden to Canton and China (Königlich Preußische Asiatische Compagnie in Emden nach Canton und China), but it was generally known by the shorter name.
The company was made possible by the Prussian annexation of the port ofEmden in 1744. This gave the Prussians aNorth Sea port.Frederick the Great established the company hoping to give Prussia a share of the valuable Asian trade similar to theBritish East India Company or theDutch East India Company. There was great interest in the shares and 482 shares of 500 thaler (241,000 thaler in total) were subscribed on the day of foundation. One of the major shareholders was the banking and trading house Splitgerber & Daumin Berlin. The company had a capital of 861,000 thalers in 1752, distributed over 1,722 shares.
Although the small company was very successful, never losing any of its four ships, the business was destroyed by the outbreak of theSeven Years' War and the occupation ofEmden by French troops in 1757 during theInvasion of Hanover.[2] After the end of the war, Frederick dissolved the company in 1765.
Simms, Brendan.Three Victories and a Defeat: The Rise and Fall of the First British Empire. Penguin Books, 2008.
Suebsman, Daniel. 'Chinese porcelain shipped by the Royal Prussian Asian Company of Emden. 1753-1756', in:Have a Cup of Tea! Chinese Porcelain and Tea in North-West Germany, Ostfriesisches Landesmuseum Emden, 2015.
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