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New Deal


Announced

ABB to acquire InCharge Energy.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Pending

electric vehicle charging

Acquisition

Auto Services

Private

Cross Border

Friendly

Single Bidder

United States

Synopsis

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ABB, a Swedish–Swiss multinational corporation headquartered in Zürich, agreed to acquire InCharge Energy, an electric vehicle commercial charging infrastructure solutions company. Financial terms were not disclosed. The transaction is part of ABB E-mobility’s growth strategy and is intended to accelerate the expansion of its portfolio to include turnkey EV infrastructure solutions to private and public commercial fleets, EV manufacturers, ride-share operators, municipalities, and commercial facilities owners.

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