Rolec acquires VendElectric and Group Manager charging networks

Rolec has acquired VendElectric and Group Manager’s charging networks, expanding its portfolio of electric vehicle (EV) charge points.

The acquisition of the two charging platforms from Teckpro strengthens its charging offering and provides its customers with an increased variety of EV charging solutions to choose from, says Rolec.

The acquisition will also expand Rolec’s in-house capabilities with the inclusion of VendElectric’s technical team, as well as the introduction of new technologies and technical advancements.

Kieron Alsop, managing director at Rolec, said: “I am delighted to be introducing the VendElectric and Group Manager charging networks into Rolec’s existing portfolio of EV charging and back office management solutions which is clearly an exciting addition to Rolec.

“I am particularly pleased to welcome VendElectric’s technical team on board which will further strengthen our inhouse capabilities and enable us to scale up our services and solutions as the EV charging industry evolves.

“As an organisation we are always looking to improve and enhance our EV charging portfolio and are also actively seeking to acquire further companies as and when the opportunity arises.”

Rolec currently manages charge points on its network throughout the UK at Meadowhall Shopping Centre, Anglian Water Authority, Battersea Power Station Development, JCT600, DHL, Perry’s Motor and Stoneacre Motor Group.

The Rolec acquisition comes as the Competition and Markets Authority (CMA) launches a market study into electric vehicle (EV) charging to make sure that the sector delivers for drivers.