# Chinese family investor acquires VEM from Merckle family

The Merckle family sold its shares in VEM, a manufacturer of electric drive systems and special motors, to a Chinese family investor. The sale is expected to close in summer 2017 pending regulatory approvals.

- Type: Acquisition
- Announced: 2017-04-20
- Where: Germany
- Status: announced
- Products: electric drive systems, special motors, special machines
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [VEM Group](https://endata.com/companies/17718.md) (target)
- [Merckle family](https://endata.com/companies/23698.md) (partner)

## Sources

- [w3.windmesse.de](https://w3.windmesse.de/windenergie/news/24883-vem-china-investor-besitzer), 2017-04-20: "Für uns ist es ein gutes Gefühl zu wissen, dass der chinesische Familieninvestor ein großes strategisches Interesse am Erhalt der Marke VEM hat"

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