# 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.

- Type: Acquisition
- Announced: 2024-06-04
- Where: Wiesbaden, Germany, Germany
- Value: $930.0M (738.0M EUR)
- Status: completed
- Products: industrial forklifts, hydraulic technology
- 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)
- [Linde Hydraulic](https://endata.com/companies/77858.md) (target)

## Sources

- [en.weichai.com](https://en.weichai.com/group/weichai/en/media-hub/news/2026081013082055371/index.html), 2024-06-04: "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."

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