# ZEEKR to acquire 50% stake in LYNK & CO from Geely entities

ZEEKR Intelligent Technology Holding Limited announced strategic integration transactions with Geely entities, including acquiring a 20% interest in LYNK & CO from Geely Holding for RMB 3.6 billion and a 30% interest from VCI for RMB 5.4 billion, plus accrued interest.

- Type: Acquisition
- Announced: 2024-11-14
- Where: China
- Value: $1.24B (9.00B CNY)
- Status: announced
- Products: LYNK & CO brand vehicles, after-sales parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Zhejiang Geely Holding Group](https://endata.com/companies/24488.md) (partner)
- [ZEEKR Intelligent Technology Holding Limited](https://endata.com/companies/80961.md) (acquirer)
- [LYNK & CO Automotive Technology Co., Ltd.](https://endata.com/companies/80962.md) (target)
- [Volvo Cars (China) Investment Co., Ltd.](https://endata.com/companies/80963.md) (partner)

## Sources

- [ir.zeekrgroup.com](https://ir.zeekrgroup.com/2024-11-14-ZEEKR-Announces-Strategic-Integration-Transactions-with-Geely), 2024-11-14: "Zhejiang ZEEKR will acquire a 20% interest in LYNK & CO from Geely Holding and a 30% interest in LYNK & CO from VCI at a purchase price of RMB3.6 billion and RMB5.4 billion, respectively."

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