The Krupp armament factory had been in his mother's family for 
        several generations. When his father, Gustav von Bohelm und Halbach, 
        married his mother, Bertha Krupp, he added the name Krupp to his own 
        and was known as Gustav Krupp von Bohlen und Halbach. Alfried's father 
        then took over the management of the firm, which had become a public 
        company in 1903. 
              After 1933 the Krupp works became the centre of German 
        re-armament. In 1943, by a special order from Hitler, the company was 
        again converted into a family holding and Alfried, son of Gustav and 
        Bertha, took over the management. After Germany's defeat, he was tried 
        as a war criminal and sentenced (1948) to imprisonment for 12 years. 
        In 1951 he was released, and in 1953 resumed control of the firm with 
        the stipulation that he sell his major interests in iron, steel, and 
        coal. The condition was not fulfilled, however. Shortly before his 
        death in July 1967 the firm's indebtedness caused Alfried to announce 
        that the Krupp concern would become a public corporation.
 

Source: Leo van de Pas