M&A Deal Summary

Wallbox Acquires ABL

On October 18, 2023, Wallbox acquired electrical equipment company ABL for 15M EUR

Acquisition Highlights
  • This is Wallbox’s 1st transaction in the Electrical Equipment sector.
  • This is Wallbox’s 0th largest (disclosed) transaction.
  • This is Wallbox’s 1st transaction in Germany.

M&A Deal Summary

Date 2023-10-18
Target ABL
Sector Electrical Equipment
Buyer(s) Wallbox
Deal Type Add-on Acquisition
Deal Value 15M EUR

Target

ABL

Lauf / Pegnitz, Germany
ABL is an independent family-owned company produces wallboxes and charging columns for private, semi-public and public use. ABL is based in Lauf / Pegnitz, Germany.

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Buyer(S) 1

Buyer

Wallbox

Barcelona, Spain

Category Company
Founded 2015
Sector Electrical Equipment
Employees700
DESCRIPTION

Wallbox is a global technology company, dedicated to changing the way the world uses energy. Wallbox creates advanced electric vehicle charging and energy management systems that redefine users' relationships to the grid. Wallbox goes beyond electric vehicle charging to give users the power to control their consumption, save money, and live more sustainably. Wallbox offers a complete portfolio of charging and energy management solutions for residential, semi-public, and public use in more than 80 countries. Wallbox was founded in 2015 and is based in Barcelona, Spain.


DEAL STATS #
Overall 3 of 3
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 3 of 3
Country (Germany) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-10 COIL

San Francisco, California, United States

COIL provides digital experience for customers adopting new technologies such as EV chargers, home battery backup systems & electrically powered IoT devices. COIL was founded in 2019 and is based in San Francisco, California.

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