As of today, Sdiptech AB (publ) acquires all shares in Rolec Services Ltd and One Stop Europe Ltd (Rolec), a specialist in the design and manufacture of an extensive range of electric vehicle (EV) charging points and outdoor electrical charging equipment and systems.
With over 30 years of experience from producing electrical charging solutions for marinas and caravans, Rolec has gained strong knowledge and a head start within the fast-growing EV segment. Rolec has a turnover of approximately £23m and a pre-tax operating income of approximately £7m.
The UK market for EV charge points is expected to grow significantly during the coming years due to strong underlying growth in EV adoption, driving a need for charging infrastructure investments from the public as well as the private sector.
Jakob Holm, CEO of Sdiptech, said: “We are excited to welcome Rolec to the group. It is a successful business with a long experience within the industry, a market-leading product range and an outstanding service offering.
“Due to its strong heritage of tailor-made turn-key systems for charging of marinas and caravans, Rolec has for the past ten years been able to gain a strong market position in UK within the growing EV segment, with over 200,000 chargepoints installed. The fact that they can combine their own electric vehicle charging range with either their own back-office charge-point management platform or a third parties management platform provides numerous exciting opportunities.”