Exicom Tele-systems’ arm to acquire business and assets of Tritium

08 Aug 2024 Evaluate

Exicom Tele-systems’ subsidiary -- Exicom Power Solutions B.V. Netherlands and other step down subsidiaries have entered into a definitive agreement under which it will acquire business and assets of Tritium group of companies (henceforth referred to as Tritium), a distinguished global leader in DC Fast Chargers, headquartered in Australia.

With this landmark acquisition, Exicom is set to unlock substantial long-term growth and value for its stakeholders. The acquisition adds Tritium’s manufacturing facility in Tennessee, USA, as well as a world-class engineering centre in Brisbane, Australia to Exicom’s existing presence in Asia. The acquisition expands Exicom’s global reach and amplifies its commitment to research and development to drive innovation in this growing industry. With the complementary product portfolio of Exicom and Tritium, the acquisition provides the opportunity to serve the different use cases across the world and expand EV infrastructure adoption.

Exicom Tele-Systems specializes in power systems, electric vehicle (EV) charging, and other related solutions.


Exicom Tele-Systems Share Price

143.50 -5.20 (-3.50%)
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