Zeus hits the ground running in Britain with its first acquisition

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Micromobility company Zeus Scooters has made its first acquisition; buying Zwings, a British e-scooter sharing firm, in a cash-plus-equity deal.

Micromobility company Zeus Scooters has made its first acquisition, buying Zwings, a British e-scooter sharing firm, in a cash-plus-equity deal.

Established by former banker Damian Young four years ago, Carlow-headquartered Zeus launched in Germany in 2020 and has since expanded to 42 cities. With a fleet of more than 5,000 three-wheeled e-scooters, it has operations across Germany, Norway, Sweden, Croatia, Italy and Malaysia.

 

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