Acquiring Company
Northvolt
Acquired Company
Morrow
Stockholm
NorwayManufacturingManufacturingEnergyRenewable EnergyDescription
Northvolt is reportedly considering the acquisition of Morrow, a company currently facing bankruptcy. This move would aim to strengthen Northvolt's position in the battery manufacturing market. The acquisition could enhance Northvolt's capabilities in sustainable energy solutions. Further details on the terms and timeline of the acquisition remain undisclosed.
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Based on deal dataFrequently asked
Who acquired Morrow?
Morrow was acquired by Northvolt, based in Stockholm. The deal was reported on August 18, 2026. 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. Northvolt is privately held and operates in Manufacturing.
When did Northvolt acquire Morrow?
Northvolt's acquisition of Morrow was reported on August 18, 2026. Northvolt is reportedly considering the acquisition of Morrow, a company currently facing bankruptcy. This move would aim to strengthen Northvolt's position in the battery manufacturing market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Morrow do?
Morrow is a Norwegian company focused on battery production and technology. The company has faced financial difficulties and has entered bankruptcy proceedings. Morrow aims to contribute to the clean energy transition through innovative battery solutions. It is privately held, operating in Manufacturing, and is based in Norway.