Electromobility
Weidmüller acquires shares in e-mobility provider Wallbe
Weidmüller Mobility Concepts, a wholly owned subsidiary of the Weidmüller Group, has acquired 25.1 percent of Wallbe, Paderborn, from Enercity. Wallbe, a full-service provider of e-mobility charging solutions, manufactures charging stations for electric vehicles, offers customers cloud-based operating services and develops intelligent payment and billing functions. The company began as a start-up a few years ago, generated sales of EUR 5.2 million in 2018 and employs around 50 people. The parties have agreed not to disclose the purchase price.
Klaus Holterhoff, Managing Director of Weidmüller Mobility Concepts, comments: "Together with Wallbe and Enercity, we will continue to develop innovative charging infrastructure solutions in Europe. To this end, we are contributing our established expertise in direct current technology, solutions for the Internet of Things as well as product management, development and electrotechnical production. Together, we want to help shape the future of electromobility with safe and calibration-compliant charging station technology."
Dr. Susanna Zapreva, Chairwoman of the Enercity Management Board: "As part of wallbe's further strategic alignment, we have gained Weidmüller Mobility Concepts as a shareholder with proven expertise in the field of industrial technology. Thanks to the expertise of the new group of shareholders, wallbe is very well positioned to assert itself in the rapidly growing e-mobility market."
Dr. Dominik Freund, Managing Director of Wallbe, adds: "With the entry of Weidmüller Mobility Concepts, we are continuing our success story as a pioneer for innovative charging infrastructure solutions in Europe in a future-proof manner. We are delighted to be part of this together in our strong team."
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