Exicom Tele-systems Limited (NSE: EXICOM), a New Delhi, India-based charger producer, introduced that its subsidiary Exicom Energy Options B.V. Netherlands and different step down subsidiaries, have entered right into a definitive settlement beneath which it’s going to purchase enterprise and belongings of Tritium, a worldwide chief in DC Quick Chargers, headquartered in Australia.
The quantity of the deal was not disclosed.
With the acquisition, Exicom will add Tritium’s manufacturing facility in Tennessee, USA, in addition to an engineering centre in Brisbane, Australia, to its present presence in Asia. The acquisition may even develop Exicom’s international attain and amplifies its dedication to analysis and improvement to drive innovation on this trade.
Based in 2001, Tritium designs and manufactures proprietary {hardware} and software program to create superior and dependable liquid-cooled DC Quick Chargers for electrical autos. Its chargers are designed for each aesthetic attraction and sturdiness in powerful environments. They characteristic engineering that simplifies set up, possession, and utilization. It has over 13,000 DC Quick Chargers offered in 47 international locations.
Led by CEO Anant Nahata, Exicom is an influence administration options firm, providing EV charging and Vitality storage options throughout over 15 international locations. Its complete vary of sensible AC and DC Quick Chargers cater to all varieties of drivers and autos. Within the vitality storage sector, the corporate supplies vitality administration options to telecommunications and industrial prospects. Exicom employs roughly 1,200 professionals worldwide and serves a various buyer base spanning Africa, Center East, and Asia.
FinSMEs
09/08/2024
