Wattif EV has acquired the Norwegian business customer portfolio of Mer, expanding an existing partnership between the two companies into the business-to-business charging segment.
Financial terms of the transaction were not disclosed, and the companies did not specify how many charging points were included in the transfer. However, Wattif said the acquisition will increase its managed charging network to more than 60,000 charging points across its operating markets.
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Wattif’s primary markets include Norway, Sweden, and Germany.
The acquisition follows an earlier transaction in 2024, when Wattif took over Mer’s Norwegian housing association charging portfolio, including charging infrastructure serving residential tenants.
Mer is part of the Statkraft group.
“By integrating Mer’s business portfolio, Wattif further consolidates its position in the business segment, reinforcing its role as a preferred partner for professional landowners and businesses seeking future-proof EV charging solutions,” Wattif said in a statement.
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The company said the transaction comes during a period of strong operational growth. Wattif reported that its charging business expanded by 85% year-on-year during the first months of 2026 and that it achieved positive EBITDA in the Nordic region.
Andreas Strand, chief executive of Wattif, said the company’s financial performance reflected the effectiveness of its expansion strategy.
“Starting 2026 with positive EBITDA in the Nordics is a significant milestone for Wattif. It shows that our strategy is working, combining scale, operational efficiency, and disciplined growth,” Strand said.
Celine Troye Hopsdal, managing director of Wattif Nordics, described the acquisition as a continuation of the companies’ existing cooperation.
“We are happy to work with Mer again on this transaction. The acquisition is a natural next step in our growth journey in the Nordics,” Hopsdal said.
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“It strengthens our position in the business segment and allows us to scale faster with a high-quality portfolio that aligns strongly with our strategy,” she added.
Nicholai Sheridan Jørgensen, managing director of Mer Norway, said the agreement would ensure continuity for commercial customers.
“We are pleased to have found a strong solution that ensures continuity for our business customers. Wattif has a clear focus on the business market and strong capabilities to further develop the portfolio,” Jørgensen said.
