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New Deal


Announced

Statkraft-backed Mer to acquire Elmtronics.

Synopsis

Statkraft-backed Mer, a developer of electric car charging solutions, agreed to acquire Elmtronics, a provider and supplier of electric vehicle charging infrastructure. Financial terms were not disclosed. “The acquisition of Elmtronics is the very proof of Mer’s step-change ambitions to accelerate the EV transition in the UK. While Mer UK’s expertise and focus lies mostly within the area of public fast charging, Elmtronics mainly focuses on fleet and workplace charging. In combination, these efforts will give Mer a significant stronger position in the UK market. I look forward to working with our new colleagues and the rest of the organization to make sustainable electric mobility easy and accessible to everyone," Kristoffer Thoner, Mer CEO.

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