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First Offer Made for Bankrupt Northvolt by Foreign Bidder

Summary by evertiq.com
A foreign investor has submitted a preliminary bid to acquire the entirety of Northvolt's bankrupt operations in Sweden, including the battery factory in Skellefteå, and the R&D centre in Västerås. This was confirmed to Swedish public broadcaster Ekot by bankruptcy administrator Mikael Kubu.

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Lean Right

Northvolt's failure is one of several. DN's survey shows that "green" investments worth at least 250 billion kronor in northern Sweden have been stopped or postponed. But despite this, more investments are waiting. - More billions are in the queue, says the government's industry coordinator Kristina Alvendal.

·Stockholm, Sweden
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Lean Right

Tuesday was a dramatic day for Northvolt's bankruptcy trustee Mikael Kubu. Shortly after lunch, he announced that a first bid had been made for the entire bankrupt business. A short while later, information emerged that additional bids may be coming in.

·Stockholm, Sweden
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Center

The insolvent electric car battery manufacturer Northvolt could get a new owner.

·Germany
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Lean Left

With European battery technology Northvolt also wanted to change the economy in Germany. Then the Swedish company got into existential difficulties. Now there is an unknown interested party.

·Germany
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Lean Left

The debt mountain is growing – creditors are running out of money • Looking for a buyer: "Working intensively"

·Stockholm, Sweden
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Berlin/Heide (dpa) – The Federal Ministry of Economics published the report of the consulting company PwC on the economic situation of the Swedish battery manufacturer Northvolt. The partially blackened document of 15 June 2023 was available to the dpa. First, the «Image» newspaper had reported on it. Based on the report, the federal government and the state of Schleswig-Holstein decided to support the meanwhile insolvent company by a convertibl…

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svt Nyheter broke the news in Stockholm, Sweden on Monday, June 23, 2025.
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