Johann von Berenberg-Gossler was less inclined to take risks than his father, and closed the bank's branches in New York City and Boston in 1880 and 1891 respectively.
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The buyer was the director of the Modums Blaafarveværk, Jacob Benjamin Wegner, who was married to Henriette Seyler of the Hamburg Berenberg-Gossler-Seyler banking dynasty.
Heinrich Wilhelm Martin von Goßler (29 September 1841, in Weißenfels, Province of Saxony – 10 January 1927, in Berlin-Wilmersdorf) was a Prussian General of the Infantry and Minister of War.