May 19, 2012, 11:57

Schimmel is a German piano maker. The company was founded in 1885 in Leipzig by Wilhelm Schimmel (d.1890). This company is especially popular due to their high quality concert grand pianos.
In August 2009, the biggest piano maker in Germany became insolvent and was protected from its creditors in a manner similar to "chapter 11" in the USA. In April 2010, after the firm was financially restructured, became solvent and healthy again and has been released from its protected state by the German Authorities. The company is now fully owned by the Schimmel family.
In May 2010 the company celebrated its 125 anniversary with a special ceremony held in the Cathedral of its home city of Braunschweig and the announcement of several new models.
Taken from Wikipedia