One-Page Deal Sheet
Shell to Buy Car-Charging Company ubitricity
Shell plc ubitricity
Announced Date
January 25,2021
Transaction Type
Corporate
Location
Region
Europe
Country
Germany
Transaction Details: Subscribe to see
Shell has signed an agreement to buy 100% of ubitricity, a leading European provider of on-street charging for electric vehicles (EVs).
The purchase price was not disclosed.
The deal is expected to be completed later this year.
Founded in Berlin, Germany, ubitricity operates in a number of European countries, and is the largest public EV charging network in the UK with over 2,700 charge points (currently over 13% market share [1]). The company has also established emerging public charging positions in Germany and France and has installed over 1,500 private charge points for fleet customers…
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