Acquiring Company
Scania
Acquired Company
Northvolt
SödertäljeManufacturingOil And GasTransportationManufacturingDescription
Scania has acquired the Industrial Division of Northvolt Systems, enhancing its electrification capabilities for off-road applications. The acquisition includes production facilities in Poland and Sweden, and a team of approximately 260 employees. This move will strengthen Scania's Power Solutions unit and broaden its product portfolio in battery systems for heavy industries.
Quick answer
Scania is acquiring Northvolt, announced April 11, 2025. Scania is based in Södertälje, Stockholms län, Sweden.
- How much did Scania pay for Northvolt?
- The deal value was not disclosed.
- What does Scania do?
- We tailor our vehicles and services to meet the unique needs of your particular business.
- Where are Scania and Northvolt based?
- Scania is based in Södertälje, Stockholms län, Sweden.
- Who are the decision-makers at Scania?
- Fundz holds 5 contacts at Scania. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Scania, and when
When Scania changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Scania raises, hires an executive or expands, scored against what you sell
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Frequently asked
Who acquired Northvolt?
Northvolt was acquired by Scania, based in Södertälje. The deal was reported on April 11, 2025. We tailor our vehicles and services to meet the unique needs of your particular business. Scania is privately held and operates in Manufacturing.
When did Scania acquire Northvolt?
Scania's acquisition of Northvolt was reported on April 11, 2025. Scania has acquired the Industrial Division of Northvolt Systems, enhancing its electrification capabilities for off-road applications. The acquisition includes production facilities in Poland and Sweden, and a team of approximately 260 employees. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Northvolt do?
The news arrives just over a month since Reuters reported that the company was in talks with banks to float an IPO that would see the seven-year-old company valued north of $20 billion. It is privately held, operating in Manufacturing.
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