Zaptec AS — M&A Activity 2024

Jun 28, 2024

Zaptec ASA: 2-year international agreement with Spirii, part of the Edenred Group

Zaptec ASA: 2-year international agreement with Spirii, part of the Edenred Group

Sandnes, Norway – 28th June 2024:

Zaptec, a leading provider of electric vehicle (EV) charging systems, is excited to announce a significant international agreement with Spirii, a leading international eMobility provider. This strategic collaboration is set to enhance the provision of premium EV charging services across key European markets. The agreement spans two years, starting in June 2024, and encompasses deploying 45,000 EV charging units, with a projected total revenue of approximately 23 million EUR. The initial rollout will target Denmark, Sweden, Norway, Germany, France, and Italy, with plans to expand further.

Zaptec’s CEO, Kurt Østrem, expressed enthusiasm about the collaboration: “We are thrilled to strengthen our partnership with Spirii and leverage their strong market presence under the Edenred Group. This agreement deepens our international footprint and ensures that we continue to deliver safe and high-quality EV charging solutions across Europe. Our commitment to providing premium, reliable, and scalable services aligns perfectly with Spirii’s vision of advancing sustainable mobility.”

This partnership underscores Zaptec’s dedication to pioneering advanced EV charging infrastructure, supporting the transition to greener transportation solutions. By integrating our state-of-the-art technology with Spirii’s market expertise, we aim to create seamless and accessible charging experiences for electric vehicle users in Europe and beyond.

To learn more about Zaptec’s innovative solutions, please visit www.zaptec.com

For more information:

Kurt Østrem, CEO, Zaptec ASA

Tel: + 47 40 40 47 00, e-mail: kurt@zaptec.com

Eirik Fjellså Hærem, CFO & Deputy CEO, Zaptec ASA

Tel: + 47 95 72 21 45, e-mail: efh@zaptec.com

About Zaptec:

Zaptec is a technology company within Electric vehicle (EV) charging systems in Europe. The company develops EV charging systems for multi and single-family homes and office buildings. The product portfolio enables many charging points at a low cost and includes Zaptec Pro, Zaptec Go, Charging columns, Zaptec Portal, and Zaptec Sense. The company accelerates the electrification of the transport sector to assist European countries in reducing CO2 emissions from light-duty cars.

About Spirii:

Spirii, part of the Edenred Group, is dedicated to providing smart and scalable electric vehicle charging solutions. Spirii's mission is to support the shift towards sustainable transportation by offering innovative charging services that cater to the evolving needs of EV users. Spirii provides eMobility across 18 international markets.

About Edenred Group:

Edenred is a leading global provider of digital payment and mobility solutions, spanning across 45 countries, serving 60 million end-users, and supporting over 1 million B2B clients.