Siemens AG has completed the acquisition of Heliox Energy from Waterland. Heliox is a Netherlands-based technology leader in DC fast charging solutions, serving eBus and eTruck fleets and passenger vehicles.
The acquisition complements Siemens’ existing eMobility charging portfolio, adding products and solutions ranging from 40 kilowatts (kW) to megawatt charging solutions for depots and en-route charging. Heliox’s portfolio also extends Siemens’ market reach, primarily in Europe and North America, while improving capabilities in power electronics. Heliox’s mobile, scalable and parallel charging solutions will enable Siemens to serve these markets better.
IMPROVED acted as the exclusive financial advisor to Heliox Energy and its shareholders in this transaction.
“I am excited that we are now part of Siemens. I am proud of the growth we have achieved over the past years, and I look forward to continuing to work together with our team and customers to further develop the EV market. Siemens’ ambition in the field of electric vehicle charging fits with our ambitions. That makes this deal a perfect fit.”
“We congratulate Waterland, Heliox and Siemens AG on this important transaction. We believe the combination of Heliox and Siemens Smart Infrastructure to be well-positioned in the global smart energy management market. It has been a great pleasure working with the teams of Heliox, Waterland, and Siemens.”