Wolves have bolstered their attack with the arrival of striker Sasa Kalajdzic from Stuttgart.
The Austria international has put pen to paper on a five-year contract at Molineux, with the option to extend for an additional 12 months.
Kalajdzic becomes Wolves' fifth signing of this transfer window after Hwang Hee-chan, Nathan Collins, Goncalo Guedes and Matheus Nunes.
The 6ft 7in forward, who netted 23 goals in 57 league games for Stuttgart, is looking to testing himself in the Premier League.
"I'm really thankful and really happy to be here. It was the club that wanted me the most in the end," Kalajdzic told the club's official website.
"In my career, at my age, it's important to feel where the next step is and, in the end, I had the feeling Wolverhampton is the best step for my development.
"Everyone tells me the Premier League is the toughest league; it's the NBA of football. I'm just excited to prove myself against the best, because in this league, the best players are playing."
Wolves are seeking their first league win of the season when they travel to Bournemouth on Wednesday, while Kalajdzic could make his debut when Bruno Lage's side welcome Southampton this weekend.