Compleo Charging Solutions AG

  • WKN: A2QDNX
  • ISIN: DE000A2QDNX9
  • Land: Deutschland

Nachricht vom 12.01.2022 | 11:28

Compleo Charging Solutions AG: Compleo finalizes acquisition of innogy eMobility Solutions GmbH

DGAP-News: Compleo Charging Solutions AG / Key word(s): Takeover
12.01.2022 / 11:28
The issuer is solely responsible for the content of this announcement.

Compleo finalizes acquisition of innogy eMobility Solutions GmbH

Dortmund, January 12, 2022. Compleo Charging Solutions AG ("Compleo" or the "Company") has announced the completion of an agreement signed at the end of October to purchase 100% of the shares in innogy eMobility Solutions GmbH ("ieMS"). Finalization of the acquisition means that Compleo has successfully completed another step in the already initiated integration of ieMS and its e-mobility software services into the Compleo Group. The integration includes taking over the entire ieMS workforce and all of ieMS's customer relationships as well as its subsidiary in the United Kingdom. The Company will report ieMS as a wholly owned subsidiary starting on 1 January 2022.

The scheduled closing of the agreement and transfer of the cash portions of the purchase price also mean that E.ON SE, ieMS's previous shareholder, will have an equity interest in Compleo based on the issuance of new shares via a capital increase from authorized capital. Compleo increased its share capital by 200,000 shares for this purpose. After the capital increase, Compleo's share capital totaled EUR 5,069,785.

Compleo has been successfully pursuing an inorganic growth strategy, which included the takeover of wallbe GmbH (now Compleo Connect GmbH) in the first half of 2021, and has set its sights on becoming Europe's leading provider of full-service charging technologies at its Dortmund location.

According to Georg Griesemann, CEO of Compleo Charging Solutions AG, "ieMS has one of the leading charging points management systems in Germany. In particular, the addition of e-mobility software services to our product portfolio represents the next evolutionary leap in our company history. The merger opens up immense long-term growth potential for us as a leading provider of green technologies in Europe's highly dynamic market for charging solutions."

About Compleo
Compleo Charging Solutions AG is one of the leading full-service providers of charging technology in Europe. The company supports its business customers with its charging technologies as well as its charging stations, the software of the charging infrastructure and, if required, also with planning, installation, maintenance and service. Compleo's offering includes both AC and DC charging stations. DC charging stations from Compleo are the first DC charging stations on the market that comply with calibration regulations. The company is headquartered in Dortmund, Germany, with production facilities located in Paderborn, Germany, in addition to Dortmund. The manufacturer focuses on innovation, safety, consumer-friendliness and cost-effectiveness. Its customers include Allego, Clever, E.ON, EWE Go, Comfort Charge GmbH (a subsidiary of Deutsche Telekom), Siemens and more than 150 municipal utilities in Germany. Compleo started production of its first charging stations in 2009. The fast-growing company currently employs more than 500 people. Compleo is listed in the Prime Standard segment of the Frankfurt Stock Exchange (ISIN: DE000A2QDNX9). In April 2021, Compleo acquired 100 percent of the shares in wallbe GmbH, now Compleo Connect GmbH, and in January 2022 Compleo acquired 100 percent of the shares in innogy eMobility Solutions GmbH. More info at: compleo-cs.com/

Media Contact
Compleo Charging Solutions AG
Ralf Maushake
Head of Marketing & Communications
E-mail: r.maushake@compleo-cs.de
Phone: +49 231 534 923 865

IR Contact
Compleo Charging Solutions AG
Sebastian Grabert, CFA
VP Capital Markets & Corporate Finance
E-mail: ir@compleo-cs.de
Phone: +49 231 534 923 874

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12.01.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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