Waterland Private Equity Investments has acquired a stake in PRE Power Developers. The addition of PRE to the portfolio will help Heliox and PRE Power Developers achieve their joint mission to become the leading player in the Electric Vehicle Energy Management segment. Waterland has held a stake in Heliox since 2018.
Both Heliox and PRE are active in the e-mobility market designing, producing and implementing charging infrastructure. Heliox focuses mainly on systems & services, especially in the public transport and commercial vehicle sectors; PRE focuses mainly on modules such as DC (Ultra) Fast Charging and Vehicle to Grid technology, including the passenger car sector. Their complementary portfolios make them well-positioned for accelerated growth.
In addition, Heliox and PRE both have successful divisions originating from power conversion technology. This historical similarity also displays itself in a cultural fit and mutual business approach.
Michael Colijn, Group CEO of Heliox explains: “Heliox has as its mission to become the leading smart energy provider within the e-mobility domain. In PRE we have found a partner who will help achieve our growth ambitions: they have the same technological DNA as Heliox, they develop excellent solutions and they share our passion for a sustainable future.”
PRE’s CEO Menno Kardolus agrees: “Together with Heliox we are able to serve our customers even better. Their global presence, service network and their OEM charging solutions perfectly complement PRE’s module technology.”
“The energy transition is accelerating fast. By supporting the combination of two top notch technological companies, both Heliox and PRE offer even better solutions to their e-mobility and utility customers”, adds Wouter Roduner from Waterland Private Equity Investments.
SOURCE: Heliox
