The story
Formation
In 1944 the OHE arose from the merger of several companies from the northeast area of Lower Saxony, its creation was not purely for economic reasons, but also being politically favourable to the national socialist Gau Osthannover government.
The company was formed on 10 July 1944 from a number of small railways previously under the management of the Niedersächsisches Landeskleinbahnamt (LKA):
Celler Eisenbahnen AG - formed in March 1944 from the merger of two companies:
Eisenbahn Celle-Wittingen AG; before 1940 the Kleinbahn Celle-Wittingen (CW) (established 1904)
Eisenbahn Celle-Soltau, Celle–Munster; before 1940 known as the Kleinbahn Celle-Soltau-Munster GmbH (CSM) before 1910 known as the Kleinbahn Garßen-Bergen (first established 1902)
Winsener Eisenbahn GmbH - formed in 1933 from the merger of two companies:
Kleinbahn Winsen–Niedermarschacht
Kleinbahn Winsen–Evendorf–Hützel (WEH)
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Lüneburg-Bleckeder Eisenbahn GmbH formed from the Bleckeder Kleinbahn GmbH (BI.KB) in September 1943.
Lüneburg-Soltauer Eisenbahn formed in 1943 from the Kleinbahn Lüneburg-Soltau GmbH (founded 1913)
Kleinbahn Soltau–Neuenkirchen (founded 1920)
Additionally the Kleinbahn Wittingen-Oebisfelde (KWOe) was also incorporated on the same day. The new company Osthannoverschen Railways AG 1944 had routes of 340 km total length: it was for decades the largest of the non-federal railways of Germany
At its founding in 1944 the main shareholders were the Prussian State and the Province of Hanover with 53% of the shares combined, the districts of Celle, Fallingbostel, Gifhorn, Harburg and Lüneburg also had owned shares.
By the end of 2006 the OHE was still state-owned with 40.2% held by the state of Lower Saxony and 33.8% by the German state
In July 2006 the German state, the state of Lower Saxony and DB Regio AG decided to sell their shares as part of a privatisation process. The successful bidder was Arriva-Bachstein GmbH; a consortium made up of Arriva (86%) and Verkehrsbetriebe Bach Stein GmbH (14%), with an offer of 30million Euros, and various supplementary promises, subject to regulatory and parliamentary approval.
Shareholders as of 2008 were: Arriva Bachstein GmbH - 85.118%, Celle council - 5.615%, Gifhorn council - 3.224%, Lüneburg council- 2.178%, Soltau-Fallingbostel council- 2.160%, City of Celle - 1.187%, City of Wittingen - 0.468%, Flecken Brome - 0.050%
From Wikipedia’s article on Osthannoversche Eisenbahnen, shared under CC BY-SA 4.0.4