German energy services provider Cubos has agreed to acquire TotalEnergies’ commercial electric vehicle charging business in Germany, marking the company’s third acquisition in the country’s charging sector within six months.
The transaction will add approximately 6,000 AC and DC charging points to Cubos’ network, increasing its total footprint in Germany to around 15,000 charging points serving more than 1,000 business customers.
Financial terms of the deal were not disclosed.
Business Customers Unaffected
The acquisition covers only TotalEnergies’ business-to-business charging operations in Germany.
According to the companies, existing customer contracts will remain in place, while charging infrastructure will be integrated gradually into Cubos’ operating platform without disrupting ongoing services.
Most of the AC charging points are located at employee and fleet vehicle parking facilities, while the DC chargers are installed at sites with higher charging demand.
Third Acquisition in Six Months
Founded in Wolfsburg in 2018, Cubos develops, installs and operates photovoltaic systems, battery storage and electric vehicle charging infrastructure for businesses and public-sector organizations.
The company said the latest acquisition strengthens its ambition to become one of Germany’s largest charge point operators.
The transaction follows Cubos’ acquisition of parts of Swarco Traffic Systems’ e-mobility business in December 2025, which added more than 1,000 charging points, and its purchase of ChargeOne from the Heinemann Group in April 2026, contributing another 3,500 charging points.
The company did not disclose financial details for any of the three acquisitions.
Company Executives Comment
Cubos Chief Executive Marc Wille said the acquisition supports the company’s long-term growth strategy.
“With the acquisition of TotalEnergies’ B2B charging infrastructure business in Germany, we are taking a decisive step towards our goal of becoming one of the top three CPOs in Germany.”
“For existing customers, we guarantee a smooth transition – and in future, they will benefit from a significantly expanded service portfolio: our own hardware and software, photovoltaics, and battery storage.”
Jan Petersen, Managing Director of TotalEnergies Charging Solutions Germany, said the company believes Cubos is well positioned to continue supporting its commercial charging customers.
“With Cubos, we have found a reliable partner who will not only continue our B2B charging business but also consistently develop it further with its own technology and a comprehensive service portfolio.”
Employees to Join Cubos
The companies said all employees working in TotalEnergies’ commercial charging business will transfer to Cubos as part of the acquisition.
Following the integration, Cubos expects its workforce to increase to around 500 employees.
The company noted that staff from both the Swarco and ChargeOne acquisitions were also retained.
TotalEnergies Continues Strategic Shift
The sale represents another step in TotalEnergies’ restructuring of its operations in Germany.
In 2023, the French energy company sold its fuel station networks in Germany and the Netherlands to Canadian convenience retailer Couche-Tard, whose Circle K brand operates the business.
At the time, TotalEnergies said it intended to focus its mobility strategy on hydrogen and electric vehicle charging in markets where it does not hold a leading fuel retail position.
Media reports have also suggested the company is exploring options to sell parts of its public charging network in Germany, including approximately 190 charging sites, although neither company commented on those reports as part of the current transaction.
Source: Electrive
