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Announced

Completed

EDF completed the acquisition of POD Point.

Financials

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Transaction Value£110m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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electronic vehicle charging

Acquisition

Joint Venture

United Kingdom

Private

Friendly

Private Equity

Specialty Retailers

Single Bidder

Majority

Cross Border

Completed

Synopsis

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Electricite de France, an electricity production and supply company in France, completed the acquisition of POD Point, a provider of electronic vehicle charging stations. “This is an incredibly exciting next chapter for Pod Point. We set out in 2009 with the vision that travel shouldn’t damage the earth and a mission to put a charge point everywhere you park. So far, we have made great progress towards those goals. By joining up with EDF we can take things to the next level and accelerate our national roll-out of charging points and make it even easier for drivers across the UK to go electric. I’m immensely proud of what the Pod Point team has already achieved but think it is only a fraction of what we will now be able to do with EDF. We just took a big step forward in being able to deliver against our mission!” Erik Fairbairn, Pod Point CEO & Founder.

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