MPC Münchmeyer Petersen & Co. GmbH's origin goes back over 160 years to the year 1846. Originally operating as two separate trading firms, Münchmeyer & Co. and R. Petersen & Co. earned worldwide recognition at an early stage, thanks to their remarkable achievements in foreign trade.

In his capacity as Managing Partner of R. Petersen & Co., Axel Schroeder senior merged the two firms into MPC Münchmeyer Petersen & Co. in 1972. Today, he and his sons, Dr. Axel Schroeder and Dr. John Benjamin Schroeder, together with Dr. Klaus Lesker jointly manage the family-owned company, which is divided into three divisions: Capital Investments, Shipping and Shipbuilding as well as Commodities and Machinery.