Add-on Acquisition • Electrical Equipment

Blink Charging Acquires Blue Corner

On May 11, 2021, Blink Charging acquired electrical equipment company Blue Corner for 20M EUR

Acquisition Context
  • This is Blink Charging’s 1st transaction in the Electrical Equipment sector.
  • This is Blink Charging’s largest (disclosed) transaction.
  • This is Blink Charging’s 1st transaction in Belgium.

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M&A Deal Summary

Date May 11, 2021
Target Blue Corner
Sector Electrical Equipment
Buyer(s) Blink Charging
Deal Type Add-on Acquisition
Deal Value 20M EUR

Target Company

Blue Corner

Antwerpen, Belgium
Blue Corner is a provider of charging points for electric vehicles. Based on its sustainable mission, the supplier and manager of EV charging facilities want to make electric driving easy and accessible for everyone. Blue Corner focuses on smart and comprehensive 360° solutions with subscriptions for professionals, the general public, and partners. Its rapidly growing network has over 7,000 charging points spread across Belgium, the Netherlands, Luxembourg, and France. Blue Corner's public charging card makes a total of 250,000 charging points accessible in the rest of Europe. Blue Corner was founded in 2011 and is based in Antwerpen, Belgium.
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Buyer Overview 1

Buyer

Blink Charging

Bowie, Maryland, United States

Category Company
Founded 2009
Sector Electrical Equipment
Employees542
Revenue 124M USD (2024)
DESCRIPTION

Blink Charging is an owner, operator, and provider of electric vehicle (EV) charging equipment and services. Blink Charging was incorporated in 2009 and is based in Bowie, Maryland.


Deal Context for Buyer #
Overall 1 of 3
Sector: Electrical Equipment 1 of 2
Type: Add-on Acquisition 1 of 3
Country: Belgium 1 of 1
Year: 2021 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-14 SemaConnect

Bowie, Maryland, United States

SemaConnect is a provider of electric vehicle charging stations and network software management across North America. SemaConnect was founded in 2008 and is based in Bowie, Maryland.

Buy $200M