GARO acquires EV Charge Partner Sweden AB
On May 15, 2020, GARO AB (publ) signed an agreement to acquire 70 percent of the shares in EV Charge Partner Sweden AB. The company performs service and support as well as commissioning of charging infrastructure for mainly large operators of charging infrastructure and utility companies in Sweden and Poland.The purchase price amounts to MSEK 5.6 for 70 percent of the shares in EV Charge Partner. The shares have been acquired from Davids Elteknik AB and planned date for take over is June 1, 2020. EV Charge Partners' operations are conducted in a facility in Gnosjö, which is leased from