Wolves have signed striker Sasa Kalajdzic from Stuttgart in a deal worth £15.5m plus add-ons.
Kalajdzic, who stands at 6ft 7in, scored 24 goals in 58 games for Stuttgart in all competitions and had a year left to run on his contract.
Kalajdzic, was on Manchester United's list of possible targets earlier this month, has signed a five-year contract with the option of a further 12 months.
The striker was left out of Stuttgart's Bundesliga encounter with Koln last weekend as he closed in on a move to Molineux. He will wear the number 18 shirt.
Wolves technical director Scott Sellars said: "We are very happy to secure the signing of Sasa, who is a talented young striker, has many excellent attributes to his game and fits the profile that we have been looking for this summer.
Sasa has had great success in Germany's Bundesliga, and we are looking forward to seeing what he can do in the Premier League."
Kalajdzic is a full Austria international, with 15 senior caps to his name. He started his career in his homeland with Donaufeld Wien before joining Admira Wacker where he got the chance to impress in the Austrian Bundesliga.
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