M&A Deal Summary

Atlante Acquires KLC

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

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

M&A Deal Summary

Date 2022-12-16
Target KLC
Sector Business Services
Buyer(s) Atlante
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
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