Shell has completed its 100% acquisition of SBRS GmbH, further growing its charging solutions portfolio in Germany.

The deal will expand Shell’s portfolio of lower-carbon solutions for fleet solutions and commercial road transport customers.

The deal was completed through Shell Deutschland GmbH, a wholly owned subsidiary of Shell, after receiving all necessary regulatory approvals.

SBRS GmbH, previously a wholly owned subsidiary of Schaltbau Holding AG, provides charging infrastructure solutions for commercial electric vehicles. Clients include municipalities, public transport operators, OEMs and corporate partners in cities such as Cologne, Vienna and Brussels.

The deal brings significant experience in electric bus charging and a material pipeline in electric truck charging and will expand Shell’s portfolio of lower-carbon solutions for fleet solutions and commercial road transport customers.

István Kapitány, global executive vice president of Shell Mobility, said: “This acquisition will enable us to offer more charging solutions to business customers who need to electrify and decarbonise their fleets or improve their depot charging capabilities. These include end-to-end charging solutions, customised hardware, specialised software, operations and maintenance at business premises, homes and on the go. This deal is in line with Shell’s strategy to support our customers in the sustainable growth of their businesses, and achieve our goal of becoming a net-zero emissions energy business by 2050.”

Shell has vastly expanded its charging expertise in recent years through acquisitions including Shell Recharge Solutions, Ubitricity, Cable Energia, Next Kraftwerke, Sonnen and LimeJump. The work supports its ambition to play a key role in decarbonising the passenger and road freight transport sectors, while building a leading global position in EV charging.