New investors and directors for CenEnergy commit for faster growth

PRESS RELEASE

Kontich, May 15, 2018 – Belgian company CenEnergy intends to accelerate its growth and further professionalize its organisation. It is therefore attracting new investors from the automotive and IT sector. Founder Isabelle Storme is handing over the operational management to Jan Verbruggen and Kurt Geudens.

Press release (ENG) | Persbericht (NED) | Communiqué de presse (FRA)

CenEnergy provides charging solutions for electric vehicles to businesses, government and private individuals. It has its own widely branched Belgian network of public charging points and on top of that customers have access to over 50,000 charging points all over Europe through roaming partnerships. CenEnergy offers Belgian quality, from concept and production to installation and after sales.

CenEnergy differentiates itself through the combination of innovative technology with customer-centric approach and management. “Creating maximum added value for infrastructure owners and consumer remains the main objective,” says Jan Verbruggen. “We want to accelerate our growth by focusing on upscaling, quality, service and new revenue models for our customers. Back office processes are also being optimised taking into account current and future needs.”

Ginion Group and Gumption will be joining as investors. Automotive group Ginion is an importer and distributor of various premium and luxury car brands. As a business accelerator, Gumption supports driven entrepreneurs and start-ups with innovative solutions and services for digital transformation and process improvement. Ginion Group and Gumption are supporting the group both financially and in terms of content. In addition, Centrauto Group and Isabelle Storme are staying on board as shareholders. Isabelle Storme will focus her energy mainly on business development.

Jan Verbruggen has previously been COO and Sales Director at companies including Centrauto, Touring and ALD Automotive. Kurt Geudens has years of experience as a business banker and as an entrepreneur, running his own fuel company.

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More about CenEnergy

www.cenenergy.be

About Centrauto

Centrauto Group is a BMW and MINI dealership in the regions of Antwerp and Limburg and is known for its service, quality and innovating ideology. Next to its premium service for both automotive brands, the group also offers a wide range of mobility services evolving from a car dealership to a mobility provider. Centrauto Group offers mobility services such as short-, mid- and long-term car rental, a VIP shuttle service, a driving school and a helicopter service. As a dealer of exclusively BMW Group products, Centrauto Group has BMW dealerships in Dilsen-Stokkem, Genk, Malle and Wijnegem and a MINI dealership in Wijnegem.

About Ginion Group

Ginion Group distributes products of brands such as BMW, MINI, BMW Motorrad and Volvo in the surroundings of Brussels, and Ferrari in Brussels and the Grand Duchy of Luxembourg. The Group also exclusively imports Rolls-Roys and McLaren Automotive in Belgium and the Grand Duchy of Luxembourg. In 2017, Ginion Group sold more than 4,500 vehicles and their turnover was more than 180 million euro. Today, the group employs over 260 people.

About Gumption

As an xcelerator, Gumption supports driven entrepreneurs and start-ups that offer innovative solutions and services to improve digital transformation and process improvement. Gumption gives them the chance to focus on the essentials: people, customers, services and business development. The core members use an advanced shared service model with financial, strategic and operational support. Associated members get tailored advice and support. Gumption offers a 360° approach and wants to be the sparring partner and source of inspiration for business and IT managers. Gumption employs over 350 people and has branches in Belgium, The Netherlands and the Grand Duchy of Luxembourg.

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