Nice schematic.
But I will repeat here again: Loewe did not change to DWM.
Manufacturing continued at the same site by the same people.
All that Ludw. Loewe & Cie. did was a legal transfer of assets to a new Loewe-controlled legal entity called DWM.
DWM remained completely under Loewe control, sharing assets, staff, board members, etc.... until the sale of DWM to the Quandt Group in 1929.
Gun wise it means they just changed the logo.
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