# Volkswagen acquires MAN Energy Solutions and Renk from MAN SE

Volkswagen AG agreed to buy MAN SE's 100% stake in MAN Energy Solutions SE and 76% stake in Renk AG for approximately €1.85-2.05 billion, to separate the Power Engineering business from the TRATON truck group.

- Type: Acquisition
- Announced: 2018-10-26
- Where: Augsburg, Germany
- Value: $2.10B (1.85B EUR)
- Status: announced
- Products: large diesel engines, turbo compressors, industrial turbines, chemical reactor systems, specialty gears, drive technology components, test systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Volkswagen](https://endata.com/companies/533.md) (acquirer)
- [MAN Energy Solutions](https://endata.com/companies/4077.md) (target)
- [Renk AG](https://endata.com/companies/23293.md) (target)
- [MAN SE](https://endata.com/companies/35143.md) (partner)

## Sources

- [b4bschwaben.de](https://www.b4bschwaben.de/b4b-nachrichten/augsburg_artikel,-vw-kauft-man-energy-solutions-und-renk-_arid,255599.html), 2018-10-26: "Es wurde bekanntgegeben, dass die Volkswagen AG die Anteile der MAN SE an der MAN Energy Solutions SE und sämtliche Anteile an der Renk AG kauft."

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