on EDENRED (EPA:EDEN)
Edenred Completes Acquisition of Spirii and Expands EV Services in Europe
Edenred has successfully finalized the acquisition of Spirii, a leading European SaaS provider specializing in electric vehicle (EV) charging solutions. This strategic move, first announced on February 27, 2024, allows Edenred to enhance its service offerings in France and Germany starting late May 2024. The integration of Spirii’s proprietary technology will deliver comprehensive EV charging management for various settings, including on-the-road, residential, and workplace environments.
Aligned with Edenred's "Beyond Fuel" strategy, this acquisition strengthens its value-added services, particularly in the electrification and management of vehicle fleets. This reinforces Edenred’s position as a key partner for fleet managers during the energy transition.
Spirii, established in Denmark in 2019 and operating in 18 countries, utilizes a network of over 250 partnerships and a proprietary software technology covering the entire EV charging ecosystem. Its offerings include a comprehensive charging management platform, a user-friendly app for drivers, and an infrastructure management solution.
Edenred's existing infrastructure, featuring 612,000 on-the-road charging points in Europe, is bolstered by Spirii’s solutions. The synergies created through this acquisition deliver a robust, integrated fleet management system, enhancing fleet operation and cost reduction through various services.
This acquisition provides a comprehensive fleet management solution for European enterprises starting in France and Germany. This includes setups at corporate sites and homes, enriched with location tracking, remote charging capabilities, and integrated payment services. Diane Coliche, Managing Director of Mobility at Edenred, expressed enthusiasm for the integration, highlighting its potential to accelerate the transition to electromobility.
R. E.
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