Add-on Acquisition • Business Services

Atlante Acquires KLC

On December 16, 2022, Atlante acquired business services company KLC

Acquisition Context

This is Atlante’s 1st transaction in the Business Services sector.
This is Atlante’s 1st transaction in Portugal.

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M&A Deal Summary
Date	December 16, 2022
Target	KLC
Sector	Business Services
Buyer(s)	Atlante
Deal Type	Add-on Acquisition

Target Company

KLC

Aveiro, Portugal

KLC owns and operates a network of EV charging stations in Portugal, in particular for fast charging. The company's integrated e-mobility solutions, at the most competitive price per kilometer in the market: Shared Mobility Solutions with Electric Vehicles (EVs), Supply, Installation and Operation of Charging Points, MOBI.E charging network access card, and Opportunities - Used KLC Cars. KLC is based in Aveiro, Portugal.

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Buyer Overview 1

Buyer

Atlante

Milan, Italy

Category	Company
Sector	Energy Services and Equipment

DESCRIPTION

Atlante is a global player in energy storage and e-mobility, which develops technologies enabling the transition towards clean energy and sustainable mobility, shaping the future of a next-generation living in harmony with its planet. The company is developing a fast and ultra-fast charging network in Southern Europe, enabled by renewables, energy storage, and 100% vehicle-grid-integrated (VGI). It develops and invests in the network being owner and operator, Free2move eSolutions, in the role of supplier of charging technology, and Stellantis automotive group. Atlante is based in Milan.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Business Services	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Portugal	1 of 1
Year: 2022	1 of 1

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