Reuters (Beijing) – Youngman Automobile Group Co, a privately owned Chinese bus and car maker, plans to take a 74.9 percent stake in Germany’s Viseon Bus GmbH for 10 million euros ($12.24 million), a local Chinese government website said.
Youngman will also invest an additional 8 million euros in the German company after the purchase, including a 5 million euro loan, according to a statement on the website of Zhejiang province where Youngman is based.
The move, which has the backing of the provincial government, has yet to be approved by China’s National Development and Reform Commission, it said.
A Youngman spokesman declined to comment.
Founded in 2008, Pilsting, Bavaria-based Viseon Bus also makes trolley buses and coaches.
Earlier in the year, the carmaking subsidiary of Youngman lost a bid to take over bankrupt Swedish carmaker Saab to a Sino-Japanese consortium called National Electric Vehicle Sweden AB.
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青年汽车拟千万欧元收购德国威盛 已获批
新京报2012年7月31日报道 收购萨博未果的浙江青年汽车有意进一步在客车领域发力。记者昨日从浙江省发改委网站获悉，青年汽车拟以1000万欧元收购德国威盛巴士有限公司74.9%股权，并已得到浙江省发改委核准批复。
发改委公告显示，青年汽车估计项目总投资1000万欧元，所需资金全部来自青年汽车自有资金。收购完成后，青年汽车向威盛公司原股东提供100万欧元用于原股东对威盛公司的增资，同时青年汽车为威盛公司增资300万欧元；另外，青年汽车向威盛公司提供500万欧元股东贷款，用于公司运行流动资金。据悉，威盛巴士收购项目需经国家发改委利用外资和境外投资司登记后才生效，生效之日起两年内有效。
公告显示，威盛公司注册在德国皮尔斯丁市，主要从事开发设计、生产销售公交车辆、客车、机场摆渡车，不过目前盈利状况不佳。该公司总资产4433万欧元、净资产-383欧元，2011年销售收入为3107万欧元，净利润为-226万欧元。
青年汽车2001年引进尼奥普兰客车，目前已将客车出口到德国，意大利等欧洲多个国家。青年在2008年才进军轿车领域，所产莲花汽车销量一直不佳。
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