Becoming a leader in the Nordics for charging in housing cooperatives and condominiums
Aneo Mobility has entered into an agreement to merge with Elaway. Together, they will become the leading provider of charging solutions for housing cooperatives and condominiums in the Nordic region.
Elaway currently operates in Norway, Sweden, Denmark, and Germany. Through the merger, the new company will have over 100 employees and a strong foundation for further growth in the Nordic region.
Aneo will own 56.6 percent of the merged company, while Elaway's current owners will hold 43.4 percent. Kristin Vestgren Sæterøy, who is currently the CEO of Aneo Mobility, will lead the new company.
– Our role as owners is to create strong, profitable renewable companies that contribute to the energy transition in the Nordics. By merging Elaway and Aneo Mobility, we achieve economies of scale and efficiency that benefit both customers and the new company, says Aneo's CEO, Gunnar Hovland.
The goal is to provide charging that is simple, efficient, and predictable for housing cooperatives and condominiums. Greater scale results in lower costs per charging point and allows for the faster development of good solutions.
– The Nordics are leading in the electrification of the vehicle fleet. To further develop that position, it must be simple, predictable, and efficient to charge, even for those with shared garages, says Hovland.
– Norway is a world leader in electric vehicles and charging infrastructure. The markets now electrifying need this expertise – and with the merger, we have the strength to continue growing, says Kristin Vestgren Sæterøy.
The transaction is subject to approval from the Norwegian Competition Authority.
