Advising VDS Holding GmbH on the sale of shares to the Chinese Weichai Power Co., Ltd.

SAXINGER advises the owners of VDS Holding GmbH on the sale of a majority shareholding in Weichai Power Co, Ltd, a Chinese listed company 
specializing in research, development, manufacturing and distribution of diesel engines.    

In the course of the sale of 51% of the shares, a team of SAXINGER experts under the lead of Senior Partner Dr. Immanuel Gerstner provided legal advice to the owners of the VDS Getriebe Group.    

VDS is a globally active high-tech company based in Wolfern/Upper Austria, specialising in the development and production of innovative drive systems for working machines, municipal applications, construction machinery and off-road vehicles.   

Weichai Power Co, Ltd. is a Chinese listed company specializing in research, development, manufacturing and distribution of diesel engines. 

Dr Immanuel Gerstner
Lawyer

“We are pleased that VDS Holding GmbH has relied on our consulting and with our top-class team of experts we have succeeded in meeting the high requirements of this cross-border transaction.”

Team
Dr Immanuel Gerstner Dr Michael M. Pachinger Dr Lukas Leitner
Project details

VDS Holding GmbH:

Headquarters in Wolfern/Upper Austria
Founded: 2009
Business activity: Development of efficient drive systems for vehicles and machines

Weichai Power Co. Ltd.

Headquarters in Weifang/Shangdong (China)
Founded: 1953
Business activity: Assembly of drive units (including engines, transmissions and axles), commercial vehicles and automotive electronics. 
Number of employees: 50,000