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Announced

16 Jun 2020

Volkswagen to acquire a minority stake in QuantumScape for $200m.

Synopsis

Volkswagen to acquire a minority stake in QuantumScape, a battery manufacturer for $200m. "We are making technological progress with our partner QuantumScape. The additional investment will effectively strengthen and accelerate our joint development work," Thomas Schmall, Volkswagen Chairman.

Principals

target

Quantumscape Corporation

bidder

Volkswagen

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Market Context

Dealmakers (15)

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Herbert Diess

ManagerCEO at VOLKSWAGEN AG

Paul Tiger

LawyerPartner at Freshfields Bruckhaus Deringer

Ralf Brandstatter

ManagerCEO at VOLKSWAGEN AG

Jonas Kulawik

ManagerCommunications Director at VOLKSWAGEN AG

Menachem Kaplan

LawyerPartner at Freshfields Bruckhaus Deringer

Peter D. Lyons

LawyerPartner at Freshfields Bruckhaus Deringer

Thomas Schmall

ManagerChairman at VOLKSWAGEN AG

Claude Stansbury

LawyerPartner at Freshfields Bruckhaus Deringer

Olaf Ehlers

LawyerSenior Associate at Freshfields Bruckhaus Deringer

Frank Blome

ManagerHead of the Battery Cell business at VOLKSWAGEN AG

Enrico Beltz

ManagerCommunications Director at VOLKSWAGEN AG

Marissa Yu

LawyerPartner at Freshfields Bruckhaus Deringer

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