Prämeta was founded in 1945 by Ferdinand Freiherr Dr. von Soiron and his wife. In the beginning it was a company which distributed hinges and for a short period spare parts and accessories for bicycles.
In 1948 Prämeta started producing the 'Kölner Automodelle' line. In 1953 the company introduced a model of the Mercedes 300 'Adenauer' and this was probably the most sold -and now sought- model by Prämeta. The company ceased toy car production in 1958 but Prämeta is still in business.
What's it worth? Take a look at this Prameta price guide: sold listings for a value indication.