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Overweight New Energy Power, Weichai Power acquired a 51% stake in Austrian VDS.

May 09, 2020

Recently, under the joint witness of Ling Wen, vice governor of Shandong Province, relevant provincial leaders and media representatives, Weichai Power Co., Ltd. and Austria VDS signed a strategic cooperation agreement in Jinan, Shandong. The two parties agreed that Weichai Power successfully obtained the Austrian VDS The company's 51% equity has become the controlling shareholder, and the strategic restructuring boots of both parties have landed. The signing of the agreement means that the two sides formally embarked on a new journey of in-depth cooperation. Weichai Power will effectively enhance China's key technologies in the new energy powertrain motor control system and agricultural equipment CVT power system, and accelerate the industrialization process of the Group in the new format.


China Enterprise Valuation Corporation, as the most influential asset valuation company in domestic and overseas M & A service brands, was entrusted to undertake the M & A services of this acquisition of VDS. In order to ensure the completion of the acquisition task on schedule, the company considers the cooperation mode of the head office and selects excellent project managers from the international business department of the headquarters and the Shandong branch. The senior foreign consultants of the joint company form a project team in a short time, and the project personnel overcome After the acquisition window was short, the itinerary and staff coordination were more difficult, and the industry was newer, the commission of Weichai Power was successfully completed, and it was highly recognized by the local state-owned assets management department.


The diligent and sincere, sincere and trustworthy, rigorous and professional work style of the China M & A Overseas M & A team has left a deep impression on customers. This is also the epitome of the business culture advocated by China Enterprise Hua for many years. Carry forward without burden, create new value for customers and make new achievements.