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Tag Archives: acquisition

SolarEdge to enter e-mobility market with acquisition of SMRE

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SolarEdge’s renewable energy technology will synergise with SMRE’s EV business SolarEdge Technologies, a global leader in smart energy, has entered into a definitive agreement to acquire SMRE. Headquartered in Italy, SMRE provides innovative integrated powertrain technology and electronics for electric vehicles. SMRE has three business units: e-mobility, automated production machines …

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Total acquires G2mobility and forms partnership with Nexans

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Total will gain access to G2mobility’s 10,000 charging points Total has finalised the acquisition of G2mobility, a French leading provider of electric vehicle charging solutions. With this deal, Total is accelerating the growth of its EV charging businesses, from designing smart charging stations to optimising energy usage management and selling …

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HORIBA to acquire battery and fuel cell company FuelCon

Executives from HORIBA and FuelCon signing the agreement

The acquisition is part of HORIBA’s move into EVs HORIBA Europe has agreed terms for the acquisition of FuelCon AG. FuelCon will become part of HORIBA Automotive Test Systems – a leading supplier in the fields of engine, driveline, brake and emissions test systems. The completion of the transaction is …

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Cummins to acquire Efficient Drivetrains

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The move is the latest in Cummins’ plan to increase its electric power business Cummins Inc. is acquiring Silicon Valley-based Efficient Drivetrains, Inc. (EDI), which designs and produces hybrid and fully-electric power solutions for commercial markets. Adding EDI to the Cummins portfolio is the latest step forward in Cummins’ efforts …

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ABB completes acquisition of GE Industrial Solutions

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GEIS will merge with an ABB division to form Electrification Products Industrial Solutions (EPIS) ABB completed its acquisition of GE Industrial Solutions (GEIS), GE’s global electrification solutions business, on June 30, 2018. The transaction was announced on September 25, 2017, and is expected to be accretive to operational EPS in …

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