Zeus Scooters, a mobility company based in Carlow, has acquired Zipp Mobility, a provider of shared e-scooter and e-bike services in Ireland. No financial details of the acquisition have been disclosed.
Zeus Scooters, an Irish mobility company, has acquired Zipp Mobility, a provider of shared e-scooter and e-bike services in Ireland, for an undisclosed amount. With this acquisition, Zeus aims to further expand its presence in the Irish and UK markets. This move comes after Zeus’s acquisition of Zwings, a UK-based scooter-sharing operator, last year. Zeus is currently operating in more than 50 locations across nine countries including Croatia, Germany, Ireland, Italy, Malaysia, Norway, Poland, Sweden, and the UK. The combined Irish business of Zeus will now have 50 employees, and all Zipp Mobility staff will retain their positions.
Damian Young, the CEO and founder of Zeus, said, “We are pleased to announce our commitment to provide a cost-effective and customer-oriented mobility solution that prioritizes sustainability and rider safety. We are impressed with Zipp’s accomplishments over the past few years and are thrilled to incorporate their team and expertise into the Zeus family. This acquisition demonstrates the dedication and hard work of both teams, and we are eager to extend our state-of-the-art safety features to an even wider audience.”
He further added, “In addition, we are generating regional job opportunities in Ireland, in preparation for the upcoming legislation governing the micromobility sector, and simultaneously expanding Zeus’s presence in new UK markets.”
Enterprise Ireland has provided support to both Zeus Scooters and Zipp Mobility.
Charlie Gleeson, the CEO and founder of Zipp Mobility, said, “We are thrilled to announce that Zeus has acquired Zipp. Our two companies share a common objective and values, which are centered around promoting accessibility to our cities for everyone through affordable and eco-friendly transportation. I am immensely proud of the accomplishments of both our companies, but I am even more excited about what we can achieve together as the top micromobility enterprise in Ireland.”