Friedrich Ludwig Hausburg was born in Berlin in 1817.
He initially traded with his uncle August Wilhelm Promoli out of Paris specialising in fine jewellery, clocks and other luxury items.
Both Hausburg and Promoli became British citizens in 1840 and shortly after their declared address was changed to the Old Post Office Buildings,24 Church Street, Liverpool.
Selling British-made and imported home furnishings the business prospered and in 1841 Hausburg took sole ownership of the company.
Hausburg continued running the company until his death in 1886.