# Continental AG acquires Siemens VDO Automotive for $15.7 billion

Continental AG agreed to buy Siemens VDO Automotive AG from Siemens AG for approximately $15.7 billion. The acquisition, the largest in Continental's history, is expected to be fully approved by end of 2007 and integrated by end of 2009.

- Type: Acquisition
- Announced: 2020-01-01
- Where: Germany
- Value: $15.7B
- Status: announced
- Products: automotive electronics, brake systems, chassis components, tires
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (investor)
- [Continental](https://endata.com/companies/925.md) (acquirer)
- [Siemens VDO Automotive](https://endata.com/companies/44268.md) (target)

## Sources

- [fenderbender.com](https://www.fenderbender.com/running-a-shop/operations/article/33022665/juggernaut-rising-continental-acquires-siemens-vdo-automotive), 2020-01-01: "In buying Siemens VDO Automotive AG, Continental is taking the logical next step in its evolution to full-range, integrated systems supplier."

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