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  5. NaaS Technology Acquires Charge Amps

M&A Deal Summary

NaaS Technology Acquires Charge Amps

On August 22, 2023, NaaS Technology acquired electrical equipment company Charge Amps for 724M SEK

Acquisition Highlights
  • This is NaaS Technology’s 1st transaction in the Electrical Equipment sector.
  • This is NaaS Technology’s largest (disclosed) transaction.
  • This is NaaS Technology’s 1st transaction in Sweden.

M&A Deal Summary
Date 2023-08-22
Target Charge Amps
Sector Electrical Equipment
Buyer(s) NaaS Technology
Deal Type Add-on Acquisition
Deal Value 724M SEK
Advisor(s) ABG Sundal Collier (Financial)

Target

Charge Amps

Solna, Sweden
Charge Amps is a Sweden-born provider of sustainable charging solutions for electric vehicles. The company develops smart and user-friendly products for homes, offices, and public places. Charge Amps was founded in 2012 in Stockholm, Sweden.

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Buyer(S) 1

Buyer

NaaS Technology

Beijing, China
Category Company
Sector Business Services
Employees225
Revenue 201M CNY (2024)
DESCRIPTION

NaaS Technology is an EV charging service company that provides one-stop EV charging solutions to charging stations comprising online EV charging, offline EV charging, and innovative and other solutions, supporting every stage of the station lifecycle. NaaS Technology is based in Beijing, China.

DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2023 M&A 1 of 1
Size (of disclosed) 1 of 1
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