Shell has completed its 100 per cent acquisition of SBRS GmbH, a wholly owned subsidiary of Schaltbau Holding AG, a leading provider of charging infrastructure solutions for commercial electric vehicles (EVs).
The acquisition has now received all necessary regulatory approvals. Following this completion, SBRS GmbH becomes a wholly owned subsidiary of Shell, within its Downstream Mobility division.
SBRS GmbH, headquartered in Dinslaken, Germany, has a client base that includes municipalities, public transport operators, original equipment manufacturers (OEMs) and corporate partners in cities such as Cologne, Vienna and Brussels.
The acquisition brings significant experience in electric bus charging and a material pipeline in electric truck charging. It will expand Shell’s portfolio of lower-carbon solutions for fleet solutions and commercial road transport customers.
István Kapitány, Shell Mobility Global Executive Vice President, said: “This acquisition will enable us to offer more charging solutions to business customers who need to electrify and decarbonise their fleets or improve their depot charging capabilities.
“These include end-to-end charging solutions, customised hardware, specialised software, operations and maintenance at business premises, homes and on the go.
“This deal is in line with Shell’s strategy to support our customers in the sustainable growth of their businesses, and achieve our goal of becoming a net-zero emissions energy business by 2050.”
These companies support Shell’s ambition to play a key role in decarbonising the passenger and road freight transport sectors while building a leading global position in EV charging.
Shell is working around the globe to help provide electric vehicle charging as the world starts its transition to zero emissions driving. It recently announced it plans to install over 10,000 electric vehicle (EV) charging points across India by 2030.