Leeds electric vehicle company acquires charging station provider
RAW Charging, a provider of electric vehicle charging solutions and infrastructure, is pleased to announce the acquisition of the business and assets of Franklin EV Limited.
RAW provides a range of charging solutions to EV owners across the UK and supports the UK Government’s transition away from diesel and petrol cars ahead of the ban in 2030.
The acquisition allows RAW to continue to grow its portfolio of AC and DC charging assets across the UK and Europe. RAW will take over the operation of Franklin’s EV chargers and integrate them onto its platform.
This opportunity allows RAW to provide a continuation of the management and rollout of EV chargers for Q Park and Aberdeen Standard, as well as the Merseyside and Sheffield Councils.
The acquisition builds on RAW’s previously announced partnerships with Greene King, in which RAW is installing chargers across 800 managed pubs and hotels; and McArthurGlen, where RAW is installing EV chargers at Designer Outlets across the UK and Europe.
Bruce Galliford, CEO, RAW Charging, said: “This opportunistic acquisition forms part of our growth strategy to rapidly build a portfolio of EV charging assets and take advantage of the transition to electric vehicles.
“RAW has a significant pipeline across the UK and Europe and with the addition of the Franklin assets and sales pipeline we are confident in rapidly scaling up to generate consistent returns from our chargers to fund future growth.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.