[Article] HUMAX Mobility, a partner of Charzin and the largest parking lot operator, will acquire and merge AJ Park.

HUMAX Mobility, a partner of Charzin and the largest parking lot operator, will acquire and merge AJ Park.

As a result, customers have more opportunities to meet EVZ charging platforms in more parking lots :)

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Humax, which has the largest parking lot operator in Korea, will further expand its grip on the market. This is because it acquired and merged AJ Park, which was once a competitor.

Humax Mobility, a corporation co-founded with Stick Investment, a financial investor (FI), is the main body that runs the parking lot business at Humax Group. Humax plans to supply Humax Mobility with funds raised by paid-in capital increase, while Humax Mobility plans to acquire AJ Park based on the funds.

Hi-Parking, a subsidiary of Humax Mobility and a grandson of Humax, signed a memorandum of understanding (MOU) with AJ Group on the 4th, saying it would purchase a 100% stake in AJ Park for 66.4 billion won. The memorandum of understanding is binding to a certain level, and Humax paid 3 billion won to AJ Group in the name of a performance deposit.

Humax Mobility has expanded its scope not only to hardware and software related to parking lots, but also to car sharing (vehicle sharing) projects based on physical platforms called parking lots. Recently, it also introduced charging solutions for electric vehicles as it expanded and distributed electric vehicles.

Original Source : https://paxnetnews.com/articles/72137