# Weichai Power acquires 80% stake in ARADEX and plans 51% stake in VDS

Weichai Power signed agreements to acquire an 80% stake in Germany's ARADEX and a planned 51% stake in Austria's VDS, making it the controlling shareholder of both companies to improve new energy powertrain technology.

- Type: Acquisition
- Announced: 2020-01-15
- Where: Jinan, Shandong Province, China
- Status: announced
- Products: electric motor control systems, new energy powertrain systems, agricultural equipment CVT powertrain systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Weichai Power](https://endata.com/companies/4175.md) (acquirer)
- [Aradex AG](https://endata.com/companies/43942.md) (target)
- [VDS Holding](https://endata.com/companies/44532.md) (target)

## Sources

- [en.prnasia.com](https://en.prnasia.com/releases/apac/weichai-power-signs-strategic-restructure-agreements-with-germany-s-aradex-and-austria-s-vds-to-accelerate-industrialization-of-new-business-landscape-270525.shtml), 2020-01-15: "Weichai Power has successfully completed the acquisition of an 80% stake of ARADEX and planned to acquire a 51% stake of VDS, making Weichai Power the controlling shareholder of both companies."

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