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Eneco eMobility acquires German EV charging provider

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Eneco eMobility acquires German EV charging provider

Dutch electric vehicle charging provider Eneco eMobility BV is expanding further into the European market with the acquisition of ChargeIT Mobility GmbH. Financial details of the deal were not disclosed.

The acquisition of the German charging company will add 3,000 charging stations to Eneco's portfolio, according to an Oct. 15 news release.

"Our ambition is to build a strong position in the European market. The acquisition ... enables us to take the next step in Germany," Eneco eMobility Director Bram Poeth said.

The transaction marks Eneco Groep NV's second acquisition in 2019. It previously acquired Dutch charging station service provider FLOW Charging in March.