The story
In 1879, HK Notnagel & Co. of Altona, a lessee of Himmelmoor, located in Quickborn, where peat was mined for heating, called for the construction of a railway for the transport of peat. The municipalities of Quickborn and Kaltenkirchen and the then independent town of Altona supported this project. After the founding of the Altona-Kaltenkirchner Eisenbahn-Gesellschaft (Altona-Kaltenkirchen Railway Company, AKE) in 1883 and an expression of support from the Emperor on 27 April 1883, the construction of the new railway had already started in the autumn of 1883. On 8 September 1884, passenger traffic commenced on the line from Gählerplatz in Altona to Kaltenkirchen and on 24 November of the same year the carriage of freight traffic commenced. The shares were subscribed by the town of Altona, the communities of Quickborn, Ulzburg and Kaltenkirchen and the construction company Kintzel & Lauser. On May 21, 1913, the company as remained Eisenbahn-Gesellschaft Altona-Kaltenkirchen-Neumünster.
Since 1981, the AKN has also operated the Alster Northern Railway (Alsternordbahn, ANB) and the Elmshorn-Barmstedt-Oldesloe railway (EBOE). The AKN had managed the ANB since 1953 and the EBOE since 1957. The Alster Northern Railway was sold to the Verkehrsgesellschaft Norderstedt (Norderstedt transport company), a subsidiary of the Norderstedt municipal utility, in 1992, but operations have continued to be carried out by the AKN.
Currently, 50 percent of the shares are held by the city of Hamburg and 49.89 percent are held by the State of Schleswig-Holstein. The remaining 0.11 percent of shares are held by private individuals.
From Wikipedia’s article on AKN Eisenbahn, shared under CC BY-SA 4.0.5