Singapore’s Goldbell to acquire Electric-Car Sharing firm BlueSG


SINGAPORE, Feb 5 (Bloomberg): Goldbell Group, Singapore’s largest industrial-vehicle provider, said it plans to acquire electric-car sharing startup BlueSG Pte for an undisclosed amount.

Goldbell plans to invest more than S$70 million (US$52 million) into the business over the next five years after the deal gets completed around August, the closely held company said in an emailed statement on Friday.

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