Škofljica, Slovenia, 13 March 2025 – Etrel is proud to announce a new and exciting chapter in its journey, as KD Group has acquired the company, ensuring a strong and sustainable future. This strategic investment marks the end of the liquidation process that had been initiated for Landis+Gyr EV Solutions, and the start of new beginnings under the wing of a well-known name and successful brand—Etrel.   

KD Group, a Slovenian financial and investment powerhouse with over 20 years of experience, is recognised for its strategic vision and impactful investments. With a focus on long-term value creation, KD Group integrates financial expertise with operational improvements to drive sustainable expansion and profitability. Their investment in Etrel underscores their confidence in the company’s potential and the growing importance of EV charging infrastructure.  

“We are proud to join Landis+Gyr EV Solutions – Etrel, building on the remarkable 15-year legacy in the e-mobility space. This investment reflects our confidence in the company’s role in shaping a smarter, more sustainable future. This is also an important opportunity for further support the development of Slovenia’s entrepreneurial and innovation landscape, fostering local expertise and reinforcing the country’s position as a hub for advanced technology in the global e-mobility market,” said Gregor Sluga, CEO at KD Group.   

As the transition period is underway, service operations remain unchanged. Our shared goal is to maintain a long-term vision, sharpen market focus, and prioritise R&D as a key investment area.  

We remain committed to our partners’ growth and success as we implement essential changes and accelerate improvements that drive our business forward. We are excited to continue this journey with our incredible team and valued partners whose support and trust have kept us motivated during these challenging times.  

“We are happy for this outcome that allows us to retain the Etrel team and return to what truly matters to us: being close to our customers, helping them develop the AC charging infrastructure in Europe with the products that EV drivers have come to love over time. We are excited to continue this journey with all our valued partners whose support and trust have kept us motivated through the years,” said Borut Mehle, co-founder of Etrel.  

 

About KD Group
KD Group is a leading financial and investment management company based in Slovenia. With a legacy of innovation in asset management, insurance, and financial services, KD Group has played a pivotal role in shaping the financial landscape. The company is committed to delivering sustainable growth and value to its clients, partners, and stakeholders through a diversified portfolio of investment, real estate, and insurance solutions. For more information, visit www.kd-group.com.

Contact
[email protected]

About Etrel
Etrel is the provider of integrated e-mobility solutions, pioneering INCH interactive charging for electric vehicles, and OCEAN, a comprehensive software platform for EV charging network management. Etrel’s innovative and sustainable charging solutions help accelerate electric mobility in over 40 countries worldwide. Etrel’s vision is to co-create conditions for personal transport running on clean, fossil-free energy. This can be only obtained through smart and managed charging infrastructure that on one side builds users’ confidence and trust, on the other interacts with the grid. For more information, visit http://www.etrel.com/.

Contact
[email protected]