DEFA AS buys Salto Ladestasjoner AS

DEFA AS announced today that the company has acquired Salto Ladestationer AS. The acquisition also includes Cloudcharge AB, the subsidiary.

Salto is Norway's leading supplier of charging stations and infrastructure for electric and hybrid cars.

Cloudcharge AB offers payment and management solutions to owners of charging parks and charging points.

DEFA AS is a global leader in the charging and preheating of diesel and petrol-powered cars, and also offers a range of associated digital solutions. The companies' combined expertise and experience provide greater competitiveness and good framework conditions for the development of innovative systems and technology solutions.

"We appreciate bringing everyone from Salto to the team. The unique knowledge and experience they bring will give all of us a wealth of new opportunities that we look forward to utilizing, "says Bård Klungseth, CEO of the DEFA Group. "Charge stations and infrastructure for electric and hybrid cars are a natural and now important part of our product portfolio. We are very pleased to have found an environment that shares our values, ambitions and our focus on quality. "

Salto stands at a milestone that requires major new investments to continue growth. "We looked for a partner that could help us grow and secure good jobs in the future. DEFA has a well-developed sales organization for car dealers and consulting engineers in the Nordic region. They also have great innovative power in digital services. We think DEFA is the best candidate to take Salto on. DEFA's presence on three continents gives us unprecedented opportunities to transfer what we have learned in Norway to new markets around the world, "says one of the main characters behind Salto Ladestationer, Hedda Heyerdahl Braathen.