European EV charging company Mer has completed the acquisition of Elmtronics as it looks to accelerate the transition to EVs in the UK.
With the acquisition of Elmtronics, which is expected to conclude later this month following approval of customary authorities, Mer is taking further actions to accelerate the electric transition in the UK.
Kristoffer Thoner, CEO of Mer Group, said: “The acquisition of Elmtronics is the very proof of Mer’s step-change ambitions to accelerate the EV transition in the UK. While Mer UK’s expertise and focus lies mostly within the area of public fast charging, Elmtronics mainly focuses on fleet and workplace charging.
“In combination, these efforts will give Mer a significant stronger position in the UK market. I look forward to working with our new colleagues and the rest of the organization to make sustainable electric mobility easy and accessible to everyone.”
According to the two companies, Mer and Elmtronics will bring economies of scale into the development of EV charging solutions providing better value to existing and new customers.
“Government targets, combined with a real drive from organisations to accelerate their transition to electric vehicles, are supporting the rapid growth of the industry.”
Anthony Hinde, Mer UK managing director, said: “We are delighted to welcome Elmtronics to Mer. I look forward to working together to provide trusted and reliable EV charging solutions. Elmtronics has an excellent and deserved reputation in fleet and workplace charging solutions. Their dynamic company has excelled in recent years. By combining their expertise and experience with Mer’s international credentials and financial strength, we are able to grow rapidly in this sector, greatly assisting the UK in its fleet transition to a low carbon future.”
Dan Martin, CEO of Elmtronics, concluded: “Elmtronics has been a key player in the industry since the company was established in 2016 and today’s announcement will see us further strengthen that position by joining the Mer family. The UK electric vehicle charging landscape has never been in a stronger position.
“Government targets, combined with a real drive from organisations to accelerate their transition to electric vehicles, are supporting the rapid growth of the industry. Both companies share the same vision and collectively we can provide an even stronger offering and service to customers throughout the UK. We are very excited at what 2022 will bring.”