Fortum to sell its e-mobility business Plugsurfing to Fleetcor Technologies
FORTUM CORPORATION INVESTOR NEWS 1 SEPTEMBER 2022 AT 14:45 EEST Fortum has divested its e-mobility business Plugsurfing to Fleetcor Technologies, Inc., a leading global business payments company. The new owner will enable Plugsurfing to speed up the scaling of its business. The transaction price is approximately EUR 75 million on a cash and debt free basis and Fortum expects to record a tax-exempt capital gain of approximately EUR 50 million in the Other segment’s third-quarter 2022 results. The change of Plugsurfing’s ownership has no impact on their existing partnerships or