# Kostal Group acquires Compleo Charging Solutions

Kostal Group, a German automotive parts and charging specialist, acquired Compleo Charging Solutions, a Dortmund-based EV charging firm. Compleo will continue as an independent brand within the Kostal Group. The deal is expected to close by June 2023.

- Type: Acquisition
- Announced: 2023-05-09
- Where: Dortmund, Germany
- Status: announced
- Products: EV charging technology, charging stations
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [KOSTAL Group](https://endata.com/companies/19113.md) (acquirer)
- [Compleo Charging Solutions AG](https://endata.com/companies/58832.md) (target)

## Sources

- [transportandenergy.com](https://transportandenergy.com/2023/05/09/kostal-compleo-charging-acquisition/), 2023-05-09: "KOSTAL is the partner of choice for us with great know-how, industrial production capacities as well as a solid and sustainable corporate strategy."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.