The idea of buying a falling Northvolt unit is not new. For the first time, Scania offered to buy Northvolt Systems Industrial in February. Then the offer of the truck manufacturer, which is part of the Volkswagen Traton unit, amounted to $ 6 million. However, the declaration of bankruptcy by Northvolt stopped this plan.
The fall of the hope of Europe
Reuters reminds that the Swedish company Northvolt submitted a bankruptcy application last monthwhich put an end to the greatest European hopes to create a rival for Asian manufacturers of battery for electric vehicles.
Scania’s offer, which is a shareholder and client of the bankrupt battery manufacturer, may be The first case of selling Northvolt assets after bankruptcy. The German truck producer said on Friday that she had concluded an agreement with the bankruptcy trustee.
The Gdańsk plant will have a new owner
Northvolt Systems Industrial employs about 260 employees. The Polish plant specializes in the production of battery systems, used, among others in construction, mining and logistics. After taking over Employees employed at the Gdańsk Production Plant will continue their work. The acquired department will become an independent entity under Scania Ventures, but will work closely with the Power Solutions department.
The company also has a research and development center in Sweden.
Purchase of Northvolt consistent with the company’s strategy
Scania announced that the purchase of the Northvolt branch is in line with the company’s strategy to develop complementary businesses to increase the company’s long -term competitiveness. – says Reuters.
In the company’s statement cited by the agency, Scania ensures that By taking over, the truck manufacturer will strengthen its offer of electrification solutionsand Northvolt Systems Industrial’s activities will continue unchanged.
Source: Reuters
