Zeus eyes further deals after Zipp acquisition

Micromobility firm led by Damian Young forecasts a doubling of turnover this year

Damian Young, chief executive, Zeus: ‘We are set to be profitable this year and with the acquisition of Zipp are now targeting further growth.’ Picture: Finbarr O’Rourke

Zeus Scooters is forecasting a doubling of revenues this year and is targeting further acquisitions after snapping up Zipp Mobility, a rival firm whose backers include Brian O’Driscoll, last week.

Established by former banker Damian Young four years ago, Zeus launched shared micromobility services in Germany in 2020 and has since expanded to over 40 cities across Europe.

With its latest acquisition Zeus will now be operating in over 50 locations across Croatia, Germany, Ireland, ...