German industrialist invests in Green Motion
To speed up its growth, Green Motion has ope¬ned its capital to a German industrial. This financing allows Green Motion to strengthen its position as Swiss market leader. The transaction was coordinated by Remaco Merger AG in Basel.
Lausanne-based Green Motion, the leading Swiss company for electric vehicle charging infrastructure, has a bright future ahead of it. The company has hit all of its growth targets for the year and is now receiving investments from a German industrial that will allow it to speed up its national and international business development.
The decision to open its capital to an investor operating in the industry aligns with Green Motion’s vision of a long-term strategic partner.
The funds raised will be used to expand the sales force so Green Motion can consolidate its leading position in Switzerland by developing the Swiss German-speaking market. Additionally, the company will also invest heavily in R&D to further develop its proprietary software to manage charging station networks, which it intends to promote next year.
Remaco Merger AG of Basel, who has been in charge of seeking investors for Green Motion, coordinated the transaction.
Green Motion was founded in 2009 and awarded the CTI Start-up label in 2011.
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