Siemens acquires charging station maker Heliox

January 23, 2024

Siemens AG has completed the acquisition of Heliox, a provider of DC fast charging solutions for eBus, eTruck fleets, and passenger vehicles. Based in the Netherlands, Heliox employs approximately 330 people. This acquisition enhances Siemens’ existing eMobility charging portfolio, adding products and solutions ranging from 40 kilowatts (kW) to megawatt charging solutions for depots and en-route charging.

Heliox’s mobile, scalable and parallel charging solutions will enable Siemens to serve these markets more effectively. In addition to DC fast charging solutions, Heliox offers charger monitoring and energy management services. This expands Siemens eMobility’s IoT product portfolio and strengthens its digitalization and software offering.

The combination of the two companies’ charging portfolios creates a comprehensive offering for eBus and eTruck customers. Heliox is set to benefit from Siemens’ industrialization capabilities, global sales network and infrastructure, enabling it to scale up its production and meet increasing customer demand.

Siemens eMobility is part of Siemens Smart Infrastructure. It offers IoT-enabled hardware, software and services for AC and DC charging from 11 kW to 1 megawatt for a broad range of applications. Siemens acquired Heliox from private equity firm Waterland and an entity owned by a group of employees and individual shareholders.

In fiscal 2023, which ended on September 30, 2023, the Siemens Group generated revenue of €77.8 billion and net income of €8.5 billion. As of September 30, 2023, the company employed around 320,000 people worldwide.