Slovenia-headquartered Etrel, a provider of EV charging stations and charging management software, has announced its acquisition by KD Group, a Slovenia-based financial and investment management company. 

The transaction marks the end of the liquidation process initiated for Landis+Gyr EV Solutions. According to Etrel, its service operations will remain unchanged during the transition.

Etrel has a presence in more than 40 countries worldwide and is known for its INCH interactive EV charging and its OCEAN software platform for EV charging network management.

Commenting on the acquisition was KD Group CEO Gregor Sluga: “This investment reflects our confidence in the company’s role in shaping a smarter, more sustainable future. This is also an important opportunity for further support of the development of Slovenia’s entrepreneurial and innovation landscape, fostering local expertise and reinforcing the country’s position as a hub for advanced technology in the global e-mobility market.”

Source: Landis+Gyr