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Scania has announced the acquisition of the industrial division of Northvolt Systems, which includes a production facility in Gdansk, a research and development centre in Tomteboda (Stockholm) and an entire team of around 260 employees. Northvolt Systems specialises in the development and production of battery systems for heavy industry and the off-highway sector, including material handling, construction equipment and mining.

This strategic move is expected to bolster Scania’s offerings in the electrical products sector, particularly for off-road applications. The acquired company will become a partner of the Scania Power Solutions business unit and will operate as a standalone entity within Scania Ventures and New Business, in line with Scania’s strategy of developing complementary and transformational businesses to strengthen its competitiveness in the long term.

According to an agreement between Scania and the managing trustee of Northvolt Systems, the business of the acquired company will continue on its existing terms. The parties involved have not disclosed the financial details of the transaction.

“Northvolt Systems Industrial Division brings valuable expertise in battery technology and assembly. Their capabilities strengthen our modular approach and support the development of complete electrified solutions for off-road applications. I’m pleased to welcome the team to Scania,” says Sara Hermansson, Head of Scania Power Solutions.

“By combining Northvolt Systems Industrial Division’s battery expertise with Scania’s deep industry knowledge, we are not only driving innovation but also strengthening our ability to serve our customers in their transition journeys. This acquisition demonstrates how Scania Ventures and New Business leverage our capabilities in opportunity identification, M&A, and growth-stage company management to enable our core business and enhance our position as a transformation partner for our customers — all in support of a more sustainable transport system,” says Jonas Hernlund, Head of Energy & Infrastructure at Scania Ventures and New Business.

“Since 2017, Northvolt Systems Industrial has developed advanced battery systems for machines operating in demanding environments such as construction, mining, and material handling. Our flagship solution, Voltpack Core, reflects our ability to meet real-world industrial challenges. Joining Scania marks the next chapter in our journey. This acquisition brings together two strong legacies in electrification and powertrain innovation. I am confident that, together, we will strengthen our capabilities and deliver even greater value to our customers,” says Elin Åkerström, Vice President Northvolt Systems Industrial.