The purchase price will be paid with newly issued Soltech shares, making Nordic Capital the company’s largest shareholder with an ownership stake of around 30 percent. The transaction remains subject to regulatory approvals and resolutions at an Extraordinary General Meeting.
Local electricity production “crucial in times of crisis”
To strengthen the Group’s financial position after the acquisition, Soltech plans a rights issue of approximately SEK 335 million in the third quarter of 2025, pending shareholder approval. Nordic Capital has undertaken to subscribe for around SEK 100 million of the issue and to underwrite an additional SEK 50 million.
Sweden's largest solar façade up and running
Through the transaction, Soltech becomes the owner of Sesol, one of Sweden’s largest solar companies in the consumer market, adding a 20th subsidiary to the Group. The acquisition is expected to generate synergies in purchasing, facilities, and sales, and strengthens Soltech’s position in the consumer and agricultural segments.
Lyten acquires Northvolt battery plants in Sweden and Germany
Soltech currently owns 19 operating companies in Sweden, Spain, and the Netherlands. With Sesol integrated, the Group expands its platform in solar, battery storage, charging infrastructure, and energy efficiency solutions – consolidating its role in the Nordic solar energy market. (hcn)
