Wiedmann’s capitulation in July 1918 opened the way for the founding of a public limited company. On 13 August 1918, BMW AG was entered as a new company in the Commercial Register and took over from BMW GmbH all its manufacturing assets, order book and workforce.The old BMW GmbH was renamed "Maschinenwerke Schleißheimerstrasse" and was wound up on 12 November 1918.