Weichai Power acquires 25% stake in KION Group and 70% of Linde Hydraulic for €738M

Weichai Power completed the acquisition of a 25% stake in KION Group for €467 million and a 70% majority stake in Linde Hydraulic for €271 million, totaling €738 million. The transaction closed on June 27, 2012 in Wiesbaden, Germany.

“This indicated that since the two sides signed the strategic cooperation agreement in September of this year, the largest investment of Chinese enterprise in German had finished.”en.weichai.com

• 1 source
• en.weichai.comWeichai Power and KION Group completed the transaction-Weichai OfficialJun 4, 2024

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