# 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.

- Type: Acquisition
- Announced: 2017-10-04
- Where: Dresden, Wernigerode, Zwickau, Germany
- Status: completed
- Products: electric drive systems, custom motors, special machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [SEC Holding Co., Ltd.](https://endata.com/companies/17717.md) (acquirer)
- [VEM Group](https://endata.com/companies/17718.md) (target)
- [Merckle Group](https://endata.com/companies/17719.md) (partner)

## Sources

- [noerr.com](https://www.noerr.com/en/press/noerr-advises-chinese-investor-on-acquisition-of-merckles-vem-group), 2017-10-04: "SEC has acquired the drive technology specialist VEM, a member of the Merckle Group."
- [imap.com](https://www.imap.com/en/news/2017/imap-germany-advises-chinese-sec-holding-co-ltd-on-the-acquisition-of-vem-group-2~n), 2017-10-11: "The Chinese family holding SEC has acquired 100% of the shares in VEM Group in Dresden, a traditional manufacturer of electric drive systems, special motors and machines, from the entrepreneurial family Merckle."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.