This is thought to be a seal of the Essen branch of the Good Hope Hut Company, "The Gutehoffnungshütte, share Association of Mining and Metallurgical Plant (short GHH ) was an important coal and steel and engineering company based in Oberhausen in the Ruhr area . Originally founded as a pure smelting company, GHH expanded early on into the mining and processing sectors , transformed in the 20th century into the largest mechanical and plant engineering company in Europe and finally merged into today's MAN Group in 1986."