# Weichai Power acquired Kion Group in 2012, now celebrates 10-year anniversary

Weichai Power strategically reorganized Kion Group and its subsidiary Linde Hydraulic in 2012, marking the largest acquisition of a German company by a Chinese enterprise. The 10th anniversary was celebrated on October 12, 2022, at Kion's Jinan base.

- Type: Acquisition
- Announced: 2022-10-12
- Where: Germany
- Status: completed
- Products: forklifts, warehousing technology, supply chain solutions
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Weichai Power](https://endata.com/companies/4175.md) (acquirer)
- [KION Group](https://endata.com/companies/16287.md) (target)

## Sources

- [seetao.com](https://www.seetao.com/details/186152.html), 2022-10-12: "In 2012, Weichai Power strategically reorganized Kaiao Group and its subsidiary Linde Hydraulic Company, setting a record for the largest acquisition of Chinese enterprises in Germany."

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