Weichai Lovol Heavy Industry Co., Ltd.

Activity by year

20222023202420252026

Acquisition

Apr 18, 2022ACQUISITIONChina$250.0M
Weichai Power to acquire 22.69% stake in Weichai Lovol for $2.5B
Weichai Power Co., Ltd. agreed to acquire a 22.69% stake in Weichai Lovol Heavy Industry Co., Ltd. from Weichai Holding Group for 1.584 billion CNY (approx. $250 million), increasing its ownership to 62%. The announcement was made on April 18, 2022.
Weichai Power acquirer Weichai Group partner Weichai Lovol Heavy Industry Co., Ltd. target #Industrial Machinery #Automotive Components beta.zhitongcaijing.com

Acquired by

Loading…