Ampler and Kõu Mobility Group have signed an investment agreement, making Kõu the majority shareholder of Ampler to enhance their joint impact in the rapidly growing micromobility industry.

Information on the Target

Ampler, an Estonian-based company known for developing, producing, and selling lightweight electric bicycles, has entered into a strategic partnership with Kõu Mobility Group. This collaboration is set to strengthen their collective influence in the micromobility industry, promoting zero-emission commuting solutions accessible to all. As part of the agreement, Ampler will become a significant business unit within Kõu Mobility Group, joining other brands such as Comodule, Äike, and Tuul.

Under the new arrangement, Kõu Mobility Group will acquire a 51% majority stake in Ampler, granting them operational control. Despite this change, Ampler will maintain its operational independence, continuing to focus on its product offerings and services while adhering to the shared vision of promoting sustainable transportation.

Industry Overview in Estonia

The micromobility market in Estonia is experiencing rapid growth, driven by an increasing demand for environmentally friendly transportation options. With urban areas becoming more congested and public interest shifting towards sus