Enercity merges charging unit wallbe with Compleo Charging Solutions
26/03/2021 11:48
FRANKFURT, March 26 (Reuters) - The utility of the German
city of Hanover, Enercity, has merged its wallbe unit with
Compleo Charging Solutions COM.DE to create a sizeable
e-mobility charging infrastructure supplier, chief executive
Susanna Zapreva told journalists on Friday.
Together, Compleo, which is listed, and wallbe will have 50
million euros' ($58.87 million) turnover and tap into growth in
Germany and Europe, she said in a call presenting financial
results for 2020.
"We are happy to retain a share of 2.5% in the merged
entity," she said, adding the two brands would operate under
their traditional names in the first year.
($1 = 0.8493 euros)
(Reporting by Vera Eckert, editing by Thomas Escritt)
((vera.eckert@thomsonreuters.com; +49 30 2201 33654;
@EckertVera;))