M&A Deal Summary

Volkswagen Acquires AUDI

On February 28, 2020, Volkswagen acquired automotive company AUDI for 267M USD

Acquisition Highlights
  • This is Volkswagen’s 3rd transaction in the Automotive sector.
  • This is Volkswagen’s 2nd largest (disclosed) transaction.
  • This is Volkswagen’s 3rd transaction in Germany.

M&A Deal Summary

Date 2020-02-28
Target AUDI
Sector Automotive
Buyer(s) Volkswagen
Deal Type Add-on Acquisition
Deal Value 267M USD

Target

AUDI

Ingolstadt, Germany
AUDI is a automobile manufacturer that designs, engineers, manufactures and distributes automobiles. AUDI was founded in 1909 and is based in Ingolstadt, Germany.

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Buyer(S) 1

Buyer

Volkswagen

Wolfsburg, Germany

Category Company
Founded 1937
Sector Automotive
Employees656,134
Revenue 324.7B EUR (2024)
DESCRIPTION
Volkswagen's North American headquarters in Herndon, Virginia.
Volkswagen's North American headquarters in Herndon, Virginia.

Volkswagen is a multinational automobile manufacturer that operates in four segments including power engineering, commercial vehicles, financial services, and passenger, cars. Volkswagen was founded in 1937 and is based in Wolfsburg, Germany.


DEAL STATS #
Overall 4 of 5
Sector: Automotive M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 4
Country: Germany M&A 3 of 3
Year: 2020 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-01 heycar

Berlin, Germany

heycar is an online platform offers quality used cars for sale in the European automotive industry. heycar was founded in 2017 and is based in Berlin, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-15 Europcar Mobility Group

Paris, France

Europcar Mobility Group is a provider of alternative attractive solutions to vehicle ownership, with a wide range of mobility-related services: vehicle-rental, chauffeur services, car-sharing, scooter-sharing, and peer-to-peer car rental. Europcar Mobility Group was founded in 1949 and is based in Paris, France.

Buy $2.9B