Cubos Acquires TotalEnergies' B2B Charging Business in Germany
Cubos has acquired TotalEnergies' commercial charging operations in Germany, adding approximately 6,000 charging points to its network. This acquisition marks Cubos' third takeover in six months, reinforcing its strategy to become a leading charge point operator in the country.
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Cubos has completed the acquisition of TotalEnergies' B2B charging business in Germany, adding around 6,000 charging points to its existing network, bringing the total to approximately 15,000. This acquisition follows Cubos' earlier purchases of Swarco and ChargeOne, enhancing its position among Germany's charge point operators while ensuring all existing contracts and jobs are maintained.
The integration of TotalEnergies' infrastructure is expected to allow for an expanded service portfolio, including hardware, software, and energy solutions. Additionally, TotalEnergies is divesting from the German market, focusing on hydrogen and charging solutions where it is not a market leader, while seeking buyers for its public charging stations.
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