Brief: Charge Enterprises Announces Acquisition Of Greenspeed Energy Solutions

Charge Enterprises

01/08/2023 12:08

Aug 1 (Reuters) - Charge Enterprises Inc  CRGE.O :
    * CHARGE ENTERPRISES ANNOUNCES ACQUISITION OF GREENSPEED
ENERGY
SOLUTIONS, A LEADER IN PROVIDING EV INFRASTRUCTURE SOLUTIONS
    * CHARGE ENTERPRISES INC - CHARGE HAS ACQUIRED GREENSPEED
FOR A
PURCHASE PRICE OF UP TO $15 MILLION
    * CHARGE ENTERPRISES INC- TRANSACTION IS EXPECTED TO BE
ACCRETIVE
TO BOTH EBITDA AND FREE CASH FLOW IN FIRST FULL YEAR OF
OWNERSHIP
    * CHARGE ENTERPRISES- DEAL ENHANCES AUTO DEALERSHIP NETWORK
AND
INCREASES COMBINED EV CHARGING INSTALLATION EXPERIENCE TO OVER
600 CHARGERS INSTALLED

Source text for Eikon:  ID:nBw7gWzqha 
Further company coverage:  CRGE.O 

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