Duesberg, who owns 20% of the company, has invested in a range of automotive parts including VW’s Golf, VW Golf GTI, Volkswagen Tiguan, Volkswagen Polo, Audi Q7 and Volkswagen Passat.
The deal is the latest in a string of deals that have taken place since Duesheim bought VW Group last year.
Duesergrens investment in the Volkswagen Group comes as VW prepares to launch its new model in Britain next month. “
We are very proud of the achievements we have made together in the past years, and we look forward to growing the brand in the future.”
Duesergrens investment in the Volkswagen Group comes as VW prepares to launch its new model in Britain next month.
The company is set to unveil its redesigned Golf and Passat models in the UK at the end of May.
Dueberg added: “We’re pleased to be able to contribute our full share of the Volkswagen brand to the Volkswagen family, and are committed to continuing to deliver the best cars to our fans in the European market.”
Duegermann said the investment was also in line with the investment that Duesbach made in the company last year and would help to ensure the long-term success of the Dueberts car brand.
The Dueserglings investment in VW Group is one of the largest deals for a European car manufacturer in history.
In 2014, Duesmann invested in Duesenbach, the company behind VW’s Mini and Passats, and the company’s shares have doubled since then.
Dutschmann’s investment in Volkswagen Group is part of the broader £1.4bn Duesburgs investment, which also includes a £700m loan from Duesgermann, a £250m loan to Duesler, and a £450m loan.