# VEM Group

- Headquarters: Germany
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Medical Devices](https://endata.com/sectors/medical-devices.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Sites

| Place | Latest | Largest value | Types |
| --- | --- | --- | --- |
| Wuxi National Hi-Tech District, China | 2024-01-09 | $147.0M | new_facility |
| Rayong, Thailand | 2021-12-14 | — | expansion |
| Thailand, Thailand | 2021-12-14 | — | new_facility |

## Customers, suppliers and deals

- [SEC Holding Co., Ltd.](https://endata.com/companies/17717.md): acquired by, 1×, latest 2017-10-04

## Announcements (5)

- 2024-01-09: [VEM Group to build $147M motor production base in Wuxi, China](https://endata.com/announcements/84619-vem-group-to-build-147m-motor-production-base-in-wuxi-china) (New facility · Wuxi National Hi-Tech District, Jiangsu, China · $147.0M · starts operating 2024)
- 2021-12-14: [VEM Group building new medical device manufacturing facility in Thailand](https://endata.com/announcements/64019-vem-group-building-new-medical-device-manufacturing-facility-in-thailand) (New facility · Thailand, Thailand · starts operating 2022)
- 2021-12-14: [VEM Group expands cleanroom operations in Rayong, Thailand](https://endata.com/announcements/64018-vem-group-expands-cleanroom-operations-in-rayong-thailand) (Expansion · Rayong, Thailand)
- 2017-10-04: [SEC Holding acquires VEM Group from Merckle](https://endata.com/announcements/16724-sec-holding-acquires-vem-group-from-merckle) (Acquisition · Dresden, Wernigerode, Zwickau, Germany)
- 2017-04-20: [Chinese family investor acquires VEM from Merckle family](https://endata.com/announcements/22074-chinese-family-investor-acquires-vem-from-merckle-family) (Acquisition · Germany)

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