While our name comes from the maker of the first Indianapolis 500 winning car, our history begins in the 1950s with two entrepreneurial brothers.
The Wasp, engineered and built by the Marmon Motor Car Company won the first Indianapolis 500 race.
Brothers Robert (left) and Jay Pritzker acquired The Colson Company, then a struggling manufacturer with sales of $3.5 million.
1950s & early 1960s
Colson was restored to profitability and additional small companies acquired including Marmon-Herrington, a successor to the Marmon Motor Car Company.
The Pritzkers adopted the Marmon name for their portfolio of companies.
Marmon’s revenues doubled to nearly $1 billion with the acquisition of Cerro Corporation, adding to the company’s increasingly diverse manufacturing portfolio.
Acquisition of Trans Union Corporation added businesses including railroad tank cars, consumer credit information, water treatment systems and fasteners.
1980s & 1990s
Marmon expanded via multiple smaller acquisitions, typically in industries where its companies already had a presence.
Robert Pritzker concluded his five-decade tenure at Marmon.
TransUnion, a data-based business that was unique within the largely industrial Marmon organization, was established as a stand-alone operation.
Berkshire Hathaway Inc. purchased majority interest in Marmon and acquired the
remaining minority interests in stages.
Marmon acquired the beverage equipment and retail merchandising businesses of IMI, adding to its leading portfolio of foodservice companies.
GE Rail Services tank car fleet acquired by Marmon as part of GE’s divestiture of GE Capital.
The acquisition of majority interest in Colson Medical, a global provider of specialty medical devices, created another group within Marmon.
Today, Marmon comprises more than 100 companies working together to provide the highest value for our customers. Our companies are leaders in their respective markets, operating ethically, responsibly and respectfully for their customers and employees.
Tomorrow, Marmon remains focused on the spirit of innovation gained from our namesake. Driven by our global team of more than 20,000 employees, we are committed to engineering solutions to some of the world’s toughest problems.