Announced
Financials
Tags
mobility services
Private
United Kingdom
Acquisition
automotive technology
Single Bidder
Pending
Majority
Friendly
Cross Border
Mobility
Synopsis
EV Technology, a firm that accelerates the adoption of electric vehicles, agreed to acquire MOKE International, a manufacturer of beach mobility vehicles, for $55m. “The investment in MIL is extremely close to my heart. I first became interested in MOKE International when I tried to rent the vehicle in the South of France – I quickly discovered the joy of driving this vehicle in beautiful locales – but also the commercial opportunity given how high demand was for this iconic brand, relative to supply," Wouter Witvoet, EV Technology CEO.
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