By Shell on Nov 2, 2022
The acquisition announced in August has now received all necessary regulatory approvals. Following this completion, SBRS GmbH becomes a wholly owned subsidiary of Shell, within its Downstream Mobility division.
SBRS GmbH, headquartered in Dinslaken, Germany, has a client base that includes municipalities, public transport operators, Original Equipment Manufacturers (OEMs) and corporate partners in cities such as Cologne, Vienna and Brussels. The acquisition brings significant experience in electric bus charging and a material pipeline in electric truck charging and will expand Shell’s portfolio of lower-carbon solutions for fleet solutions and commercial road transport customers.
István Kapitány, Global Executive Vice President of Shell Mobility, said: “This acquisition will enable us to offer more charging solutions to business customers who need to electrify and decarbonise their fleets or improve their depot charging capabilities. These include end-to-end charging solutions, customised hardware, specialised software, operations and maintenance at business premises, homes and on the go. This deal is in line with Shell’s strategy to support our customers in the sustainable growth of their businesses, and achieve our goal of becoming a net-zero emissions energy business by 2050.”
SBRS GmbH joins a broad suite of companies that Shell has acquired in recent years, including Shell Recharge Solutions, ubitricity, Cable Energia, Next Kraftwerke, sonnen and LimeJump. These companies support our ambition to play a key role in decarbonising the passenger and road freight transport sectors, while building a leading global position in EV charging.
This latest acquisition further expands the range of solutions we are able to provide fleet customers, which also includes Shell BioLNG and Shell Renewable Diesel currently in selected European markets.
Notes to Editors
- In February 2021, Shell announced its Powering Progress strategy, including details of how it expects to achieve its target to be a net-zero emissions energy business by 2050. For more, visit http://www.shell.com/poweringprogress.
- Shell is investing billions of dollars worldwide in low-carbon energy, including charging stations for electric vehicles, hydrogen, renewable energy, biogas and biofuels.
- Shell has set a target to operate over 500,000 charge points globally by 2025. Currently, we operate over 100,000 charge points for electric cars at homes, businesses, Shell retail sites, destinations and on streets. In addition, we currently offer access to over 300,000 additional charge points in Europe through our roaming networks.
- Represented in Germany since 1902, Shell now employs more than 3,000 people in research & development, production and sales of energy solutions and products for private mobility, homes and almost all industries and sectors. The company is gradually changing its portfolio to drive energy transition by providing our customers with energy solutions producing lower CO2 emissions.
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