The bankruptcy estate of Northvolt Systems AB has sold its Industrial division to Scania
Established in 2018, Industrial focuses on the design, manufacturing, and sale of scalable battery systems for heavy industry and off-highway market segments. The business employs around 260 people located at a production facility in Gdańsk, Poland, and an R&D facility in Tomteboda, Stockholm.
The transaction was initiated by Northvolt in the autumn of 2024 and completed by the bankruptcy estate on 11 April 2025. This represents an important milestone for the bankruptcy estate, enabling it to optimise its asset portfolio while ensuring the continued operation of the business under new ownership.
Mannheimer Swartling advised Northvolt and, subsequently, the bankruptcy estate of Northvolt Systems AB in the transaction.
