# Weichai Power invests $60M in Power Solutions International, becomes largest shareholder

Weichai Power Co., Ltd. invested $60 million to acquire 40.71% of Power Solutions International Inc. (PSI), a US-listed engine manufacturer, becoming its largest shareholder. The deal includes an option to increase the stake to 51% after 18 months.

- Type: Acquisition
- Announced: 2017-03-20
- Where: United States (PSI headquarters), United States
- Value: $60.0M
- Status: completed
- Products: alternative fuel power systems, natural gas engines, propane engines, low-emission engines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Weichai Power](https://endata.com/companies/4175.md) (acquirer)
- [Power Solutions International](https://endata.com/companies/21498.md) (target)

## Sources

- [news.lmjx.net](https://news.lmjx.net/2017/201704/2017041414344376.shtml), 2017-04-14: "本次投资PSI是潍柴动力正面参与全球高端动力系统市场竞争的重要战略部署。"

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