Site plan of the former Thyssen, Fossoul & Co in Duisburg (right) acquired from Franz Bicheroux, Söhne & Co. Source: Duisburg city archive.
enlarge
In 1867 August Thyssen invests in a company being set up in Duisburg by the Walloon industrialist family Bicheroux - his youngest sister had married into the family. He becomes the first commercial manager of Thyssen, Fossoul & Co., which makes hoop iron for barrels, crates, baling etc. After only four years in which he more than quadruples his investment, Thyssen leaves the company to start his own business.
