Mer completes divestment of UK fleet charging business through management buyout

Mer AS has completed the divestment of its UK fleet charging business, Mer Fleet Services Ltd, through a management buyout. The transaction reflects Mer’s focused Pure Public Strategy in the Nordics, Germany and Austria. 

The business will continue under new ownership, led by key members of the existing management team, ensuring continuity for the business, customers and partners. 

“We are proud of the progress Mer Fleet Services Ltd has made in recent years. We believe this transaction positions the business well for its next phase and we wish all the best for the future,”

Kristoffer Thoner, Chief Executive Officer of Mer AS.

“This is an important milestone for the business. With strong foundations in place, we are well positioned to continue delivering for customers and partners as we build on that momentum,”

Paul Winchester, Chief Executive Officer of Mer Fleet Services Ltd.

In the coming months, the business will continue investing in its business, technology and service offering, while progressing a structured transition programme that includes phased updates to branding, digital channels and customer-facing materials. 

Customers and partners will continue to experience business as usual, with no disruption to operations, contracts or service delivery.  

The new ownership and leadership structure is as follows:  

• Paul Winchester – Chief Executive Officer  

• Natasha Fry – Chief Commercial Officer   

• Jane Crosby – Chief Financial Officer  

• Louise Gillingham – Chief Operating Officer