Transaction

Clearwater advises Rolec Services and One Stop Europe on the sale to Sdiptech

Transaction

Rolec Services and One Stop Europe on the sale to Sdiptech

Sell-side

Undisclosed

Role

Adviser to Rolec Services and One Stop Europe on the sale to Sdiptech

Sector

Automotive

Region

United Kingdom

Clearwater has advised Rolec Services Ltd and One Stop Europe Ltd (Rolec), a specialist in the design and manufacture of an extensive range of electric vehicle (EV) charging points and outdoor electrical charging equipment and systems, on its sale to Swedish public company Spidtech. Sdiptech is a technology group that acquires and develops companies for long-term ownership within the infrastructure segment, with the vision of creating more sustainable, efficient and safe societies.

With over 30 years of experience from producing electrical charging solutions for marinas and caravans, Rolec has gained strong knowledge and a head start within the fast-growing EV segment. Established in 1990 the business is known for high-quality products, in-depth technical competence and strong client relations within both B2B and B2C.

The UK market for EV charge points is expected to grow significantly during the coming years due to strong underlying growth in EV adoption, driving a need for charging infrastructure investments from the public as well as the private sector.

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We are delighted to be part of the Sdiptech Group of UK based companies and feel Sdiptech as a long-term owner offers us the additional resources and expertise required to further develop our product range and services and take Rolec to the next level.

Kieron Alsop, Managing Director, Rolec Services Limited
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Rolec is a very successful business with a market leading position in the fast-growing EV sector, built on quality products and outstanding service. We believe it will be a fantastic fit with Sdiptech, which should enable the business to go from strength to strength.

Jon Hustler, Partner, Clearwater

Advisers

Transactions