Siemens to acquire Heliox

Siemens AG has signed an agreement to acquire Heliox, a Netherlands-based technology leader in fast charging solutions, serving electric bus fleets and passenger vehicles.

The acquisition is expected to complement Siemens’ existing eMobility charging portfolio, adding products and solutions for DC fast-charging focused on eBus and eTruck fleets. Heliox’s portfolio is also expected to extend Siemens’ market reach, primarily in Europe and North America, while improving capabilities in power electronics. The transaction is subject to customary regulatory approval.

“This is an important milestone that adds value to our fast-growing eMobility charging business” – Matthias Rebellius, member of the managing board of Siemens AG and CEO of Smart Infrastructure

Matthias Rebellius, member of the managing board of Siemens AG and CEO of Smart Infrastructure, said: “This is an important milestone that adds value to our fast-growing eMobility charging business. In addition to expanding our offering, we see digitalization and software potential with regard to energy and depot management and services.”

Siemens eMobility is part of Siemens Smart Infrastructure. It offers IoT-enabled hardware, software and services for AC and DC charging from 11 to 300 kW for a broad range of applications.

Heliox employs around 330 people. Siemens acquires the company from private equity firm Waterland and an entity owned by a group of employees and individual shareholders.