The acquisition will enable Zeus to continue to expand its reach into the Irish and UK markets and follows-on from its acquisition last year of UK-based scooter-sharing operator, Zwings
Zeus is now operating in over 50 locations across 9 (Croatia, Germany, Ireland, Italy, Malaysia, Norway, Poland, Sweden and UK) countries. The combined Irish business of Zeus will now have 50 employees and all Zipp staff are being kept on.
“With today’s announcement we are proud to be expanding Zeus’ commitment to offer an affordable, customer-focused mobility solution that places sustainability and rider safety first. We have been very impressed with what Zipp has achieved over the past number of years and are very excited to bring the Zipp team and expertise under the Zeus umbrella. This acquisition is a testament to the hard work and dedication of both teams, and we look forward to bringing our industry-leading safety features to even more customers," says Damian Young, CEO and founder, Zeus.
“We are also creating regional employment across Ireland in anticipation of new legislation for the Irish micromobility sector, while also further expanding Zeus new markets in the UK," he adds.
Zeus Scooters and Zipp Mobility have been supported by Enterprise Ireland.
“We are delighted to be able to share the news that Zipp has been acquired by Zeus. In essence, we are two companies who share the same core mission and values, to make our cities more accessible to all, through affordable and sustainable modes of transport. I am very proud of what both companies have achieved individually, but I am more excited for what we can achieve together as the leading micromobility company in Ireland," says Charlie Gleeson, CEO and founder, Zipp Mobility.