# Wallbox acquires ABL for EUR15M

Wallbox, an EV charging and energy management specialist, agreed to acquire ABL for EUR15 million. The deal includes ABL's factory in Germany and a component facility in Morocco, and is expected to close in Q4 2023.

- Type: Acquisition
- Announced: 2023-10-25
- Where: Germany, Germany
- Value: $15.8M (15.0M EUR)
- Status: announced
- Products: EV chargers, energy management products
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [ABL S.r.l.](https://endata.com/companies/40558.md) (target)
- [Wallbox](https://endata.com/companies/73252.md) (acquirer)

## Sources

- [just-auto.com](https://www.just-auto.com/news/wallbox-acquires-germanys-abl/), 2023-10-25: "We are excited to welcome and invest in the continuation of ABL, an early pioneer in electric mobility."

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