Galp to acquire Mobiletric.

Galp, a Portugal-based holding company engaged in the oil and gas industry, agreed to acquire Mobiletric, a firm operating in the electric mobility sector in Portugal. Financial terms were not disclosed. The transaction – combined with Galp network’s strong organic growth – will allow the number of charging points managed by the Company in Portugal to double to more than 1k points in operation by the end of 2021, from 513 at the end of 2020.