Wattif EV has announced the acquisition of Mer's Norwegian business-to-business (B2B) customer portfolio. This marks another significant deal between Mer and Wattif EV, extending their partnership further into the B2B segment of the electric vehicle (EV) charging market.
Earlier in 2024, Wattif had already acquired Mer's Norwegian residential cooperative portfolio, which included charging points designated for tenants. This latest transaction underscores Wattif EV's strategic expansion within the Nordic region.
Specific details, such as the exact number of charging points transferring from Statkraft's subsidiary to Wattif as part of the Norwegian B2B customer portfolio, and the financial terms of the deal, were not disclosed in the announcement. However, it is known that following this acquisition, Wattif will operate more than 60,000 charging points across its key markets, which include Norway, Sweden, and Germany.
“By integrating Mer’s business portfolio, Wattif further solidifies its position as a provider for B2B clients and strengthens its role as a preferred partner for real estate companies, commercial site partners, and fleet operators, as well as businesses seeking future-proof EV charging solutions,” the company stated. The acquisition is described as occurring at a “crucial time for the company.”
View Price on AmazonThe charging business experienced substantial growth, with an 85 percent year-over-year increase in the first months of 2026. Concurrently, Wattif EV achieved positive Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) in the Nordic markets. “Starting 2026 with positive EBITDA in the Nordics is a significant milestone for Wattif. It demonstrates that our strategy is working: combining scale, operational efficiency, and disciplined growth,” said Andreas Strand, CEO of Wattif EV.
Commenting on the Norwegian acquisition, Celine Troye Hopsdal, Managing Director of Wattif Nordics, stated, “We are pleased to once again collaborate with Mer on this transaction. This acquisition is a natural next step on our growth path in the Nordic markets. It strengthens our position in the B2B sector and enables us to scale faster with a high-quality portfolio that strongly aligns with our strategy.”
Nicholai Sheridan Jørgensen, Managing Director of Mer Norway, added, “We are delighted to have found a solid solution that ensures continuity for our business customers. Wattif has a clear focus on the B2B market and possesses strong competencies to further develop the portfolio.”
Source: electrive.net
