Drake Star Acts as Financial Advisor to Ecotap on its Partnership with Legrand
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Year
August/2021
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Sector
Mobility & Sustainability Mobility
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Our Mission
Drake Star Acts as Exclusive Advisor to Ecotap
The Netherlands | France | August 2, 2021 – Ecotap, the leading Netherlands-based EV charging solution provider, announced that it has entered into a partnership with Legrand SA, therewith finding an optimal growth partner to further accelerate its international expansion.
With more than 40K charge points installed in over 22 countries, Ecotap is one of the leading European specialists in AC and DC chargers, offering full-suite solutions and services for homes, businesses, and public places.
eMobility has surpassed its tipping point, and EV demand is growing at a stellar pace. To support the ever-growing EV fleet and enable optimal user experience, there is a strong need for smart, reliable, and scalable charging solutions.
Ecotap found the most complimentary partner for scaling the business while staying close to the company culture. The partnership with Legrand enables Ecotap to accelerate its international growth through Legrand’s extensive global reach, expertise, and network. Importantly, Legrand scores high in its ESG policy and actively supports social entrepreneurship and diversity, making it the perfect fit with Ecotap’s culture.
Furthermore, the growth partnership with Ecotap enables Legrand to strengthen its presence in eMobility and step up its growth throughout Europe by offering full-suite EV charging solutions contributing to its commitment to creating reliable infrastructure including the buildings of tomorrow.
About Ecotap
Ecotap is a Dutch EV charging solution provider based in Boxtel, with a workforce of around 60 FTEs. In 2021, revenues are anticipated at some €40 million, generated in over 22 countries. Ecotap is one of the leading European specialists in alternating current and direct current chargers, offering full-suite charging solutions and services for homes, businesses, and public places.
For additional information, please visit www.ecotap.nl
About Legrand
Legrand is the global specialist in electrical and digital building infrastructures. It’s comprehensive offering of solutions for commercial, industrial, and residential markets makes it a benchmark for customers worldwide. The group harnesses technological and societal trends with lasting impacts on buildings with the purpose of improving life by transforming the spaces where people live, work, and meet with electrical, digital infrastructures and connected solutions that are simple, innovative, and sustainable. Drawing on an approach that involves all teams and stakeholders, Legrand is pursuing its strategy of profitable and sustainable growth driven by acquisitions and innovation, with a steady flow of new offerings—including Eliot-connected products with enhanced value in use. Legrand reported sales of €6.1 billion in 2020. The company is listed on Euronext Paris and is notably a component stock of the CAC 40 and CAC 40 ESG indexes. (code ISIN FR0010307819).
For additional information, please visit www.legrandgroup.com
About Drake Star
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