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Announced

Shell to acquire SBRS Charging Solutions from Schaltbau.

Synopsis

Shell to acquire SBRS Charging Solutions, a fast-charging infrastructure solutions provider, from Schaltbau, a group of mechanical and electrical engineering companies. Financial terms were not disclosed. “Through this acquisition, SBRS – Charging Solutions, a successful and innovative player in the field of commercial EV charging technology, will become part of Shell, one of the world’s leading providers of fleet management solutions. This move will enable Shell to offer its business customers comprehensive charging solutions for electrifying and decarbonising their fleets going forward. The required technology has developed significantly in recent years and the electrification of fleets with e-commercial vehicles has become a key solution for many of our business customers. We welcome the SBRS – Charging Solutions team to the Shell family and together we will strive for even greater success," István Kapitány, Shell Mobility Global Executive Vice President of Shell Mobility.

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