EV-Box, a charging solution provider with over 40,000 stations in service, has agreed to be acquired by the French multinational electric utility ENGIE.

Netherlands-based EV-Box sells charging stations, charging management software and services to business, public sector and residential customers. It has grown rapidly since 2014, expanding into Belgium, France, Scandinavia, Germany, the UK and the US.

“We re-designed the product’s architecture and created a best-in-class charging solution that is scalable and able to be deployed anywhere in the world,” said EV-Box CEO Kristof Vereenooghe. “EV-Box will continue to operate fully independently under its own brand. With the development of a new generation of charging solutions and software as well as with the backing of ENGIE, we have all the ingredients to bring our solution to millions of customers.”

“ENGIE views EV-Box’s acquisition as a strategic step towards a completely new energy paradigm the world is shifting towards,” said ENGIE Executive VP Thierry Lepercq. “ENGIE and EV-Box share a common vision for electric mobility and a conviction that combining our capabilities provides a rare opportunity to create a global, leading electric vehicle charging player.”

Source: EV-Box