VARO Energy acquires charging infrastructure specialist elexon

elexon, the leading charging infrastructure specialist in logistics, will continue its successful course with a strong partner. The Switzerland-based and Europe-wide operating energy company VARO Energy has acquired 100% of the shares in elexon in November of this year. The agreement is currently subject to merger control by the Federal Cartel Office.

(Aachen/Birsfelden) VARO’s investment in elexon supports the ONE VARO transformation strategy, which was presented in July 2022. As part of this strategy, VARO is investing $3.5 billion in five strategic growth pillars: biogas, biofuels, hydrogen, nature-based carbon removal, and electromobility. VARO’s existing business area for electromobility, ROAD, combined with elexon’s strengths, enables VARO to offer its customers an end-to-end solution that ranges from the installation of charging infrastructure to payment and fleet management.

Industry leader in charging infrastructure in the logistics sector

As an industry leader in charging infrastructure in the logistics sector, elexon’s customer base includes industrial and commercial enterprises. Since its founding in its current form in 2019 – as a joint venture of SMA Solar Technology AG, AixControl GmbH, and aixACCT charging solutions GmbH – elexon has consistently positioned innovative products and concepts in the market, focusing primarily on forward-looking technical developments. As a system integrator, elexon is considered an industry innovator in the areas of consulting, installation, prototyping, charging and load management, CPO services, backend solutions, service & maintenance, and handling of THG quotas.

The charging stations from elexon already feature technical characteristics that are necessary for future charging infrastructures but are hardly found on the market today. At the same time, elexon is continuously developing new solutions to support the desire of many corporate clients for energy independence. From initially fewer than 20 employees, elexon now employs more than 70 people, who work either at the Aachen location or remotely throughout Germany. elexon installs about 8,000 AC and DC charging points each year and already provides its customers across Europe with over 24,000 charging points.

Joy over a strong partner

“We are very pleased to have VARO as a strong partner by our side, who credibly and decisively shapes the transformation of the energy industry,” explains Marcus Scholz, Managing Director of elexon GmbH. “Being a member of the VARO group allows us to keep pace with the strong demand for our solutions. Our goal is to become one of the leading partners through the expansion of our services, the high quality of our services, and our values based on respect and sustainability.

Photos: © elexon / Caption: elexon technician team in action