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Arnhold and Company Limited existed in China since 1866, when it was initially known as Arnhold, Karberg and Company. It traded in and became a leading distributor of building materials and engineering equipment. It was reconstituted as a British company after 1919 and Sir Victor Sassoon became the majority shareholder after 1919 after a merger. The company is still trading and is now known as Arnhold Holdings Limited. The initial chairman was Harry Edward Arnhold, a close business associate of Sir Victor Sassoon. The Company's headquarters were in the Arnhold Building at 6 Kiukiang Road, Shanghai, China until its relocation in 1930 to the third floor of Sassoon House, 1 Nanking Road, Shanghai, China. Arnhold and Company Limited flourished until 1949 when, with the change of Government in China, the headquarters relocated to Hong Kong. Maurice Green, who had been associated with the company since the Sassoon takeover, acquired the controlling interest in Arnhold and Company Limited in 1957.