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Bechstein are a German firm of piano makers founded in Berlin in 1853 by Friedrich Wilhelm Carl Bechstein (1826-1900), who founded the firm in 1853 in Berlin. Following successful receptions at the 1862 London exhibition and the 1867 Paris exhibition, the output of the firm grew from 300 instruments a year during the 1860s to 1000 a decade later, 3000 during the 1890s and 5000 in the years preceding World War I. Following the founder's death, his sons Edwin Bechstein and Carl Bechstein assumed control and later Carl's son, also Carl, joined the firm. The importance of the British market to the firm was such that half of the firm's annual output of pianos was sold there. The firm sought to provide an impressive yet intimate showcase for recitals (particularly featuring the firm's instruments). In 1901 the firm opened a concert room in London, known as the Bechstein Hall, next to its showrooms on Wigmore Street; the first concert on 31 May 1901 featured the virtuoso pianist Ferruccio Busoni. The Hall quickly came renowned for its superb acoustics and enjoyed popularity with both performers and the public. Bechstein, like other German firms in Britain during World War One, experienced anti-German hostility and a decline in business. The firm's affairs were wound up in 1916 by the Board of Trade and the entire business - including studios, offices, warehouses, 137 pianos, and the Hall itself - was sold at auction to Debenhams for £56,500. The Hall reopened in 1917 as the Wigmore Hall.