SEC Holding acquires VEM Group from Merckle

Chinese motor manufacturer SEC Holding Co., Ltd. has acquired the drive technology specialist VEM Group, a member of the Merckle Group, which manufactures electric drive systems, custom motors and special machines. The sale includes all worldwide locations.

“SEC has acquired the drive technology specialist VEM, a member of the Merckle Group.”noerr.com

• 2 sources
• noerr.comNoerr advises Chinese investor on acquisition of Merckle's VEM GroupFlorian BeckerOct 4, 2017
• imap.comIMAP in Germany advises Chinese SEC Holding Co., Ltd. on the acquisition of VEM GroupOct 11, 2017

Summarized from public sources; check the original articles before acting on it.