According to LiveScore, the 19-year-old Under 21 international joins the Bundesliga side on a five-year deal for a reported €10 million.
The club sporting director Olaf Rebbe said, "Dimata is a young, versatile frontman, whose potential to develop is something we have been paying great attention to for quite some time.
He also said, "We are delighted to have now secured his services.
"Landry is characterised by his extreme pace and boundless determination. He will certainly develop further still with us."
Dimata said "I am very thankful to VfL for giving me the opportunity to play in the Bundesliga.
"I intend to repay that fate with performances.
"The move from Belgian to German football is a big one for me. In Wolfsburg I will be playing together with many top players, from whom I can learn a great deal.
"It is a huge challenge and one which I am thoroughly looking forward to."
Dimata scored 11 goals in 24 league games in the Belgian First Division A last term.