By Alberto Delclaux

Total SA (FP.FR) said Thursday that it has bought electric-vehicle-charging company G2mobility, which manages almost 10,000 charging points through its services platform.

"With a market share of more than 25% of charging points for local governments and growth in revenues of over 50% last year, G2mobility brings us a new competency to provide more efficient electric charging systems for our B2B and B2C customers," said Total Marketing & Services President Momar Nguer.

Total also said it signed a partnership agreement with Nexans (NEX.FR), one of G2mobility's former shareholders, for vehicle-charging infrastructure.

Write to Alberto Delclaux at alberto.delclaux@dowjones.com

(END) Dow Jones Newswires

September 20, 2018 03:16 ET (07:16 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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